As a new administration and the 115th Congress begin, NAFCU will be working hard to achieve regulatory relief for CUs.
NAFCU's Regulatory Compliance School can help.
VIDEO: A reflection on our 50 years championing the credit union industry together.
The NCUA Board today issued an advance notice of proposed rulemaking on alternative forms of capital federally insured credit unions could use to meet capital standards required by statute and regulation. The ANPR is out for a 90-day public comment period.
NAFCU Board Chair Richard L. Harris and other NAFCU representatives are participating in a number of inaugural events in Washington being held in advance of President-elect Donald Trump's swearing-in ceremony tomorrow.
The CFPB is suing Navient, the nation's largest servicer of both federal and private student loans, for creating obstacles to repayment for borrowers by providing bad information, processing payments incorrectly and failing to act when complaints were lodged.
When NAFCU celebrated its 25th anniversary in 1992, then-NAFCU Chair Hank Klein (former president and CEO of Arkansas FCU in Jacksonville, Ark.) asked a prescient question: “Who could have predicted the huge impact NAFCU would have on all credit unions, both federal and state charters?”
Many of you probably noticed that NCUA issued its annual Supervisory Priorities last week. Meanwhile, credit unions have had questions about the Letter to Credit Unions on NCUA’s Risk-Based Examination Scheduling Policy. Today’s blog will provide a high level overview of these two pieces.
Your members' money exclusively funds the operations of NCUA, and because every single dollar counts, NAFCU holds the NCUA to the highest standards when it comes to managing the Credit Union Share Insurance Fund (NCUSIF), refunds from the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) and the agency's operating budget. Stay updated on these issues and our advocacy efforts on your behalf.
On February 19, 2016, the NCUA Board unanimously approved a final member business lending rule that amends Part 723 of NCUA's Rules and Regulations regarding the ability of federally-insured credit unions to make Member Business Loans (MBLs). Download NAFCU's Final Regulation summary and full rule text.