NAFCU has supported the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) since it was introduced in November because of the relief it would provide to credit unions related to member business lending and the Home Mortgage Disclosure Act. Although parts of the bill do not directly impact the credit union industry, this could be the beginning of even more regulatory relief for you.
S. 2155 NAFCU-Backed Provisions
Spring 2022 Supervisory Highlights Part II: Mortgage Origination, Prepaid Accounts, Remittances, and Student Loan Servicing
Examination & Enforcement