July 22, 2014

Berger, staff hold 'private conversation' with A.C. attendees

July 23, 2014 – NAFCU President and CEO Dan Berger on Tuesday held a "private conversation" with a packed room of credit union representatives and other staff during the association's Annual Conference and Solutions Expo.

A key topic discussed was NCUA's risk-based capital proposal. NAFCU remains concerned about the overall impact this proposed rule will have on credit union operations and has expressed the need for a lengthy period for implementation. NAFCU, in its comment letter to the agency, sought at least a three-year implementation period.

Other topics discussed during Tuesday's private conversation include: government-sponsored enterprises Fannie Mae and Freddie Mac; regulatory burden and regulatory relief; the political outlook for the upcoming elections; CFPB's framework and regulations; and the TILA-RESPA final rule on combined mortgage disclosures.

Other NAFCU staff addressing questions and concerns raised during the private conversation included: Executive Vice President and COO Anthony Demangone, Senior Vice President of Government Affairs and General Counsel Carrie Hunt, Vice President of Legislative Affairs Brad Thaler, Vice President of Political Affairs Katie Marisic, Director of Regulatory Affairs Mike Coleman, Director of Regulatory Compliance JiJi Bahhur and Director of Legislative Affairs Jillian Pevo.