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After several years in the making, the NCUA recently published its guidance for examiners on Section 701.19. Under this regulation, a federal credit union may hold otherwise impermissible investments if the investment is “directly related” to the credit union’s obligations or potential obligations under an employee beneﬁt plan. The guidance addresses due diligence and direct relationship requirements, in addition to concentration limits for typical investments and individual insurers.
This webinar will provide insights to credit unions on ways to leverage third-party providers and specialty finance companies to grow and diversify their loan portfolios. Participants will learn valuable tips on how to conduct due-diligence in order to mitigate risks when partnering with loan providers. The webinar will also introduce specific asset classes outside of auto and mortgage lending that credit unions are currently using to increase their loan to share ratios while delivering more value to their membership.
Daon, an innovator of authentication and identity assurance solutions worldwide, announced that it has been selected by Visa, the global payments technology company, to provide biometric services for the Visa ID Intelligence platform.
East Windsor, CT June 14, 2017 – Paducah Bank’s new insurance agency, PBT Insurance Services, shattered first month sales records as they launched their new full service insurance agency.
NAFCU Services is proud to announce that the 2017 Innovation Award winners are DDJ Myers, Q2, and Vantiv.