- Paul Revere Award
The Paul Revere Award is awarded to the credit union grassroots activist of the year. This award is intended for the individual who regularly and effectively trumpets the battle cry of the credit union community just as Paul Revere did in his day. The award is based on the grassroots contacts that have been made by individuals and reported to NAFCU. The award will be presented at NAFCU's Congressional Caucus.
- White Hat Award
The White Award is awarded to the member credit union that raises the most for NAFCU/PAC. The award, presented at NAFCU's Annual Conference and Solutions Expo honors the winning credit union's commitment to NAFCU/PAC and to helping keep credit union supporters in Congress.
- Grassroots Activism Awards
In recognition of the superlative grassroots efforts and impressive NAFCU/PAC contributors, NAFCU annually presents The Paul Revere Award and the White Hat Award to those individuals and credit unions who have shown exemplary grassroots efforts.
- Live and On-Demand Webcasts
Credit union webcasts for training, compliance info, best practices and more. NAFCU's live and on-demand webcasts address key issues and hot topics in a convenient and affordable no-travel way that accommodates group participation at your credit union.
- 2013 Final Regulations
Read full text and summaries of completed rulemakings on NAFCU's Final Regulations page.
- NCUA’s Office of Consumer Protection: Function, Role and Objectives
Meet NCUA’s new Office of Consumer Protection in this free NAFCU webcast, live and open to all credit unions. Hear directly from NCUA’s Director of the OCP Gail Laster, and Consumer Compliance Policy & Outreach Director Tonya Sweat during this free live webcast.
- Maximize Your Membership
Welcome to NAFCU! The needs of credit unions are our priority, and the dedication of our staff is what makes us a unique and proud supporter of our members.
- Congressional Caucus
The 2013 NAFCU Congressional Caucus, September 8-11 in Washington, DC, is your opportunity to meet face-to-face with members of Congress after a critical election year. Take an active role in the political process and raise awareness for the important credit union issues we face to help move our industry forward.
- Capitol Hill Visits
Your visits with your members of Congress will provide valuable information on how an issue will affect your members, allow face-to-face contact and the chance to see what arguments and information are persuasive, and offer an opportunity to get to know your legislator personally. Schedule your visits to the Hill at NAFCU's Congressional Caucus.
- Lobbying and Legislative Issues Update Session
Attend Sunday’s Lobbying and Legislative Issues Update session to hear from NAFCU’s experts about current credit union legislation and regulations being issued by the CFPB and NCUA. NAFCU’s lobbying team will share their insight and answer your questions about the issues that are most important to your credit union.
- Keynote Speaker
Hear Renowned Political Analyst and Commentator for CNN and Columnist for Newsweek and The Daily Beast, Paul Begala at NAFCU’s Congressional Caucus.
- Issues We’re Bringing to the Hill
NAFCU’s Congressional Caucus brings together credit unions from across the country to raise awareness of the industry’s unique nature and role with legislators in Washington, and to reinforce the need for choice and availability of financial services.
- Annual Privacy Disclosure Notices
The Gramm-Leach-Bliley Act (P.L. 106-102), enacted in 1999, requires financial institutions and a wide variety of other businesses to issue privacy disclosure notices to consumers that detail the institution’s privacy policies if it shares customers’ non-public personal information with affiliates or third parties. The law also requires telling existing and potential customers of their right to opt out of sharing non-public personal information with third parties. Such disclosures must take place when a customer relationship is first established and annually in paper form as long as the relationship continues even if no changes have occurred. This legislation would help eliminate the confusion by exempting institutions whose policies have not changed from this outdated requirement. Read more about Annual Privacy Disclosure Notices in this credit union issue brief.
NAFCU conferences are designed to help strengthen and accelerate your career and your credit union’s mission. You will benefit from industry-leading presenters and exclusive networking events in locations across the country. Whatever your career path may be, NAFCU has a conference or school to help you grow and reach new heights!
- Master Your Exam: Issues, Tips and Insight from NCUA
August 8, 2012
2:00 - 3:30 p.m. EDT
Available until August 8, 2013
Among the many challenges that credit
unions face, the NCUA exam continues to be a top concern. To help
alleviate the pressure, NCUA wants to create a collaborative examination
setting for credit unions and examiners. Join NAFCU and NCUA during
this must-attend webcast and capitalize on hearing what NCUA is looking
for from credit unions to ensure a straightforward, collaborative
During this webcast, NCUA Director of the
Office of Examination and Insurance Larry Fazio will detail current and
upcoming exam issues with special focus on operation risk.
Participants will also walk away with:
• The expertise to develop a productive exam process
• A checklist for NCUA exam preparation
• Essentials to remember during an exam, including lessons coming from NCUA’s listening sessions
• An update on liquidity issues and rulemakings
• Regulatory exam forecast for the remainder of 2012
- Bank Secrecy Act Compliance for Experts
June 27, 2012
2:00 - 3:30 p.m. EDT
Available until June 27, 2013
The requirements of the Bank Secrecy Act (BSA) are effective for all financial institutions and compliance is mandatory. Those responsible for BSA compliance are required to receive specialized training, as they hold a tremendous amount of responsibility to ensure their institution remain compliant with the Act.
- A Detailed Look Inside NCUA’s New Interest Rate Risk Rule
NCUA’s new interest rate risk rule is effective September 30, 2012 and will impact over 45% of all federally insured credit unions! The rule states, “certain credit unions must create a written policy to address IRR management, as well as an effective IRR program for successful asset liability management”.
Those impacted by the rule include all federally insured credit unions over $50 million in assets and those with less than $10 million in assets are exempt. Credit unions between $10 and $50 million in assets are only subject to the requirements if their first mortgage loans plus investments with maturities over five years equal or exceed 100% of its net worth.
This webcast will be more than the average compliance checklist. You will get an in-depth look at the new rule and learn how to develop your credit union’s interest rate risk policy and program.
- Becker talks five-point plan on CUbroadcast
NAFCU President and CEO Fred Becker touts the association's five-point plan for broad-based credit union regulatory relief in a new video interview on CUbroadcast.com, noting that the plan has already been well-received by the industry.
- Compliance Monitor Archive
Browse archived Compliance Monitor issues.
- Frequently Asked Questions
Frequently asked questions about NAFCU's Unlimited Webcast Subscription.
- NAFCU Calls For Congress to Enact Credit Union Regulatory Relief
NAFCU today reiterated its call for Congress to provide broad-based
regulatory relief to the nation's credit unions, outlining a five-point
plan that would provide administrative, capital, structural, operational
and data security reforms
- 02-12-13 NAFCU Calls on Congress to Provide Regulatory Relief for Credit Unions
NAFCU Calls on Congress to Provide Regulatory Relief for Credit Unions - letter from NAFCU President and CEO, Fred Becker sent to Congress 02-12-13.
- Unlimited Webcast Subscription
NAFCU's unlimited webcast subscription provides your credit union with an excellent way to ensure your staff has access to the latest credit union education year-round – all from the comfort of their own office! With a minimum of 20 webcasts planned for 2013, we will be covering the hottest industry topics, including top-rated credit union compliance education.
- Webcast Topics
NAFCU's Annual Unlimited Webcast Subscription provides your credit union with the ultimate convenience and affordability to get the education your credit union needs, without leaving the office! Check out some of the topics we'll cover this year.
- Annual Conference and Solutions Expo
Join leaders and credit union solution providers at NAFCU's 46th Annual Conference and Solutions Expo, July 9-13 in Boston, to learn the cutting-edge strategies, solutions and trends that will help you readily adapt to an ever-changing credit union industry and make history!
- Regulatory Compliance Seminar
The 2013 NAFCU Regulatory Compliance Seminar is October 22-25 in Nashville, TN. This comprehensive and exceptionally popular compliance program covers the latest challenges and changes in credit union rules and regulations. Industry-leading credit union compliance professionals will present up-to-date regulatory trends impacting credit union compliance.
- Subscription Fees
Subscription fees for NAFCU Unlimited Webcast Subscription.
- Tefferi Promoted; Hoffman, Meyster Join NAFCU Regulatory Team
NAFCU announced it has strengthened its regulatory team with
the promotion of Tessema Tefferi to senior regulatory affairs counsel and the hiring
of P.J. Hoffman and Angela Meyster as regulatory affairs counsels.
- How does it work?
Participation in NAFCU's Webcast Subscription is easy. After you subscribe, you will receive an email confirmation. You will also receive an email the day before each of the live webcasts that includes the URL address and password to access each live and on-demand webcast.
- NAFCU's Regulatory Compliance Seminar Kicks Off in Seattle
Nearly 200 credit union professionals from around the country are gathering this week for the National Association of Federal Credit Unions (NAFCU) Regulatory Compliance Seminar, which kicks off Tuesday and runs through Oct. 26 at the Sheraton Hotel Seattle.
- NAFCU Statement on New York Court of Appeals Ruling on Hudson Valley Federal Credit Union
NAFCU issued the following statement regarding the
New York State Court of Appeals ruling today against Hudson Valley Federal
Credit Union in its suit challenging the state’s levy of a mortgage recording
- NAFCU Statement on NCUA's Low-Income Designation Deadline Extension
NAFCU General Counsel and Vice President of Regulatory Affairs Carrie Hunt today issued the following statement regarding the National Credit Union Administration’s (NCUA) action on the low-income designation acceptance deadline for credit unions.
- NAFCU’s Hunt Named Credit Union Times ‘Woman to Watch’
The Credit Union Times has named National Association of Federal Credit Unions (NAFCU) General Counsel and Vice President of Regulatory Affairs Carrie Hunt as a Woman to Watch.
- Testing Your System and System Reqiurements
Participants are strongly encouraged to test their system at least 24 hours prior to the webcast. We suggest that you confirm that your computer and Internet firewall support viewing this type of Webcast. You may test your system by viewing the following on-demand webcast. Confirm that you can hear audio, see video, and view the slide presentation displayed adjacent to the video player. The test presentation will walk you through the various features of the webcast viewing screen.
- Credit Union Industry Snapshots and Board Briefings
The credit union Industry Snapshot and Board Briefing is a NAFCU member-only benefit to help you stay up-to-date on the ever-changing legislative and regulatory activities affecting credit unions. Use it as a report for your board and staff or as an agenda item for your next meeting.
- NAFCU meets with CFPB rule writers
NAFCU staff met with Consumer Financial Protection Bureau rule writers Tuesday to continue discussing ways to improve a number of mortgage proposals that would impact credit unions.
- CFPB unveils mortgage origination, comp proposals
The Consumer Financial Protection Bureau is seeking comments on new proposals released Friday that would expand on and clarify existing requirements related to mortgage loan originations and compensation.
- Lawmakers call for CFPB to delay remittance rule
At the urging of NAFCU and other financial services trades, a bipartisan group of House lawmakers sent a letter Thursday to the Consumer Financial Protection Bureau requesting that the implementation of the final rule on remittances be delayed.
- Proposed rule issued on high-risk mortgage loans
An interagency proposed rule released Wednesday would impose new requirements for credit unions that issue higher-risk mortgage loans, such as providing a free copy of the appraisal to borrowers.
- Webcast highlights cyber security tips
Credit unions must have strong, well-defined policies in place for addressing cyber threats, and those policies must be applied to all vendors and business partners, computer security expert Randy Romes said in a NAFCU webcast Wednesday.
- NAFCU offers CFPB input on mortgage proposals
Senior NAFCU staff met with Consumer Financial Protection Bureau representatives Wednesday to continue discussing proposals that would combine mortgage disclosures and expand the number of loans subject to the Home Ownership and Equity Protection Act.
- NAFCU discusses QM rule with CFPB
NAFCU Regulatory Affairs Counsel Dillon Shea and COMSTAR FCU President and CEO Vicki Johnston met Monday with Consumer Financial Protection Bureau officials to provide the association’s perspective on the agency’s qualified mortgage rulemaking proposal.
- Small entities issue report on CFPB proposal
The Consumer Financial Protection Bureau has posted to its website a report from a small-business review panel on the agency’s mortgage servicing proposal that reflects input from NAFCU and NAFCU member-credit unions.
- January target for final mortgage servicing rules
The Consumer Financial Protection Bureau’s proposed rules on mortgage servicing were written to reflect two “basic, common-sense standards – no surprises and no runarounds,” and are due to be finalized by January, CFPB Director Richard Cordray said in a press call Friday.
- NAFCU offers free Compliance GPS preview
Credit union compliance officers and other industry professionals can now view for free the updated 2012 NAFCU Credit Union Compliance GPS chapter on the Consumer Financial Protection Bureau in its entirety as well as the first 10 pages of the chapter on Regulation Z.
- Smith says Dodd-Frank driving costs
Testifying on behalf of NAFCU, Lynette Smith, CEO of Washington Gas Light FCU in Springfield, Va., will tell a House subcommittee today how difficult and costly the Dodd-Frank Act has proven to be for her credit union, which only counts 17 employees.
- CFPB to hold field hearing on credit reporting
The Consumer Financial Protection Bureau has scheduled a July 16 field hearing in Detroit on consumer credit reporting, and CFPB Director Richard Cordray and Deputy Director Raj Date will be among the participants.
- FFIEC releases statement on cloud computing
The Federal Financial Institution Examination Council said Tuesday it views cloud computing as having the same basic risk characteristics as traditional forms of outsourcing, so financial institutions may need to put in place more robust controls to use the service.
- NAFCU Statement on CFPB's Proposed TILA/RESPA and HOEPA Rules
NAFCU affirmed that it will continue to seek changes to a proposal combining the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA/RESPA -Regulation Z) and Homeownership Counseling Amendments to the Real Estate Settlement Procedures Act (Regulation X) released today by the CFPB.
- 2013 RCS Registration Image
RCS13 location photo for registration page.