News

NAFCU delivers up-to-the minute information on key legislative, regulatory and compliance issues facing credit unions. Browse and filter the news below to stay in the know.

Sign up to have NAFCU Today, our free daily e-news publication, delivered right to your inbox each morning.



Filter By Year:

Filter By Month:

Order By:

Results

  • Entries due March 3 for NAFCU Annual Awards Competition (Tuesday, February 21, 2017)
    NAFCU member credit unions have until March 3 to submit their entries for the association's 2017 Annual Awards Competition, which recognizes association member credit unions, professionals and volunteers for their dedication and achievement within their institutions, communities and the industry.
  • Huizenga reintroduces mortgage points-and-fees bill (Tuesday, February 21, 2017)
    House Financial Services Subcommittee Chairman Bill Huizenga, R-Mich., last week reintroduced NAFCU-supported legislation that would clarify the definition of points and fees under the Truth in Lending Act as applied through the CFPB's qualified mortgage rule.
  • NAFCU seeks 30-day extension on FCC's TCPA petition (Tuesday, February 21, 2017)
    NAFCU, with 10 other trade groups, has asked for a comment-period extension to April 10 on a rulemaking petition that would reverse the Federal Communications Commission's interpretation that those who knowingly release their phone numbers have given consent to be called under the Telephone Consumer Protection Act.
  • NAFCU Strategic Growth Conference kicks off (Tuesday, February 21, 2017)
    Credit union professionals from across the country will learn new, revenue-boosting solutions to help them drive growth during NAFCU’s 2017 Strategic Growth Conference, which kicks off today in Charleston, S.C., and continues through Thursday.
  • Webcast eyes supervisory committees (Tuesday, February 21, 2017)
    A NAFCU webcast today will review the purpose behind credit union supervisory committees and best practices that can help those committees work efficiently and succeed.
  • O'Brien: CU advocacy is a 'team sport' (Tuesday, February 21, 2017)
    NAFCU Director of Political Affairs Dan O'Brien last week urged association members to lend their voices to the call for regulatory relief – especially during congressional recess periods like this week.
  • Mulvaney confirmed as OMB director (Friday, February 17, 2017)
    The Senate, voting 51-49, on Thursday confirmed Rep. Mick Mulvaney, R-S.C., as the next director of the White House Office of Management and Budget.
  • CFPB seeks feedback on 'alternative data' for credit scoring (Friday, February 17, 2017)
    The CFPB is seeking feedback on ways to expand access to credit for consumers who lack the necessary credit history to obtain a credit score, such as cell phone bills and rent payments. Comments are due by May 19.
  • Court to rehear CFPB constitutionality case (Friday, February 17, 2017)
    The U.S. Court of Appeals for the D.C. Circuit on Thursday granted the CFPB's petition to reconsider the court's initial ruling that found its structure unconstitutional.
  • Feb. 23 NCUA meeting: Usury ceiling, NCUSIF report (Friday, February 17, 2017)
    The NCUA Board will vote on the continuation of the federal credit union loan interest rate ceiling and receive a quarterly report on the National Credit Union Share Insurance Fund during its Feb. 23 open meeting, according to the agenda released yesterday.
  • NAFCU closed for Presidents Day (Friday, February 17, 2017)
    NAFCU's offices will be closed Monday for Presidents Day, but members will still have access to the association's website for research purposes, event registrations and email contacts with NAFCU.
  • NCUA's 4 permanent funds get clean audit (Friday, February 17, 2017)
    NCUA's independent auditor issued clean audit opinions for 2016 for the agency's operating fund, National Credit Union Share Insurance Fund, Central Liquidity Facility and Community Development Revolving Loan Fund.
  • Berger talks CU issues with House Majority Whip Scalise (Friday, February 17, 2017)
    NAFCU President and CEO Dan Berger discussed credit unions' top concerns and the association's priorities for 2017 with House Majority Whip Steve Scalise, R-La., on Thursday.
  • Tipton reintroduces NAFCU-backed 'TAILOR Act' (Friday, February 17, 2017)
    Rep. Scott Tipton, R-Colo., on Thursday reintroduced the House version of the NAFCU-backed "TAILOR Act," which would require that rules be tailored to fit financial institutions' business models and risk profiles.
  • Court grants CFPB petition in constitutionality case (Thursday, February 16, 2017)
    The U.S. Court of Appeals for the D.C. Circuit today granted the CFPB's petition to reconsider the court's initial ruling that found its structure unconstitutional.
  • January retail sales beat expectations, up 0.4% (Thursday, February 16, 2017)
    Total retail sales in January beat expectations, growing 0.4 percent. Excluding auto and gas, sales rose 0.7 percent during the month, which NAFCU Research Assistant Yun Cohen called the strongest monthly growth since April.
  • CFPB field hearing today on expanding credit data (Thursday, February 16, 2017)
    The CFPB today will look at expanding access to credit via alternative data to determine borrowers' creditworthiness – for example, rent, cell phone payments and insurance – during a field hearing in Charleston, W.Va. NAFCU members will be in attendance.
  • Applications due March 1 for CFPB councils, advisory board (Thursday, February 16, 2017)
    Applications to serve on the CFPB's Credit Union Advisory Council, Consumer Advisory Board and Community Bank Advisory Council are due March 1. The CFPB will announce newly selected members in August.
  • CPI up 0.6%, could mean rate hike in March (Thursday, February 16, 2017)
    The consumer price index rose 0.6 percent in January and increased 2.5 percent year over year – the highest yearly growth rate since March 2012, according to a NAFCU Macro Data Flash report Wednesday.
  • NAFCU at Treasury to talk CDFI Fund (Thursday, February 16, 2017)
    NAFCU Senior Regulatory Affairs Counsel Michael Emancipator is at the Treasury Department today to discuss credit union participation in the department's Community Development Financial Institutions Fund.
  • 12345...Next