NAFCU: ADA bill a "step in the right direction" on frivolous lawsuits
NAFCU noted support for the ADA Education and Reform Act of 2017 (H.R. 620) in a letter Tuesday to bill author Rep. Ted Poe, R-Texas. The bill would likely curb frivolous lawsuits against credit unions filed under the Americans with Disabilities Act (ADA).
The bill cleared the House Judiciary Committee last month.
H.R. 620 would set conditions for filing civil actions over the failure to remove an architectural barrier to an existing public place. It would also require the Justice Department to develop a program that would educate state and local governments, among others, on strategies for promoting access to public accommodations for those with a disability. The program could also include training for professionals to provide guidance for remediation in the event of potential ADA violations.
"NAFCU has long been supportive of making sure everyone has the ability to properly access capital and recognizes the important intentions of the American's with Disability Act (ADA)," wrote NAFCU Vice President of Legislative Affairs Brad Thaler.
"Your legislation is a step in the right direction, addressing the frequent scheming 'drive-by' lawsuits filed by trial attorneys, manipulating the system to best line their pockets instead of assisting the disabled community," he continued. "It is important that small businesses, such as credit unions, have the time and ability to properly comply with these ADA regulations …"
Thaler told Poe the association will continue to work with him on ways to expand some of the bill's protections, such as extending its coverage to website lawsuits, as the legislation advances.
Add to Calendar 2023-03-20 14:00:00 2023-03-20 14:00:00 Liquidity Considerations in Light of Silicon Valley Bank As the financial industry is discussing the ramifications of the recent closings of Silicon Valley Bank (SVB) and Signature Bank, many are asking themselves, “Where do we go from here?” This is an opportunity to take a step back and evaluate your institution’s next steps in this rapidly changing environment. The combination of mindset, critical thinking, and an understanding of the potential impact of different scenarios has increased in importance. In this webinar, Liquidity Considerations in Light of Silicon Valley Bank, your questions and concerns will be addressed about short-term and long-term liquidity management and analysis, opportunities and risks that could arise from member actions, and the importance of maintaining trust and communication with your members throughout this wild ride. Key Takeaways Heighten your thought process and strategies regarding the position of your credit union and considerations around potential actions Understand how evaluating your liquidity, ranging from expectations to stress events, from 3 levels helps you gain perspective on how much you may directly control, versus liquidity that is reliant on others Explore examples of critical thinking around the potential outcomes that you may want to examine FREE FOR ALL Register NowOne registration gives your entire team access to the live webinar and on-demand recording until March 20, 2023.Go to the Online Training Center to access the webinar after purchase » Who Should Attend C-suite Executive vice presidents Education Credits NCRMs will receive 1.0 CEUs for participating in this webinar Web NAFCU firstname.lastname@example.org America/New_York public
Liquidity Considerations in Light of Silicon Valley Bank
Add to Calendar 2023-03-09 14:00:00 2023-03-09 14:00:00 ALM Guidance to Inform Big Decisions Decision-makers are grappling with the interdependencies between cost of and access to liquidity, rapid changes in interest rate risk profiles, the cost of growth, and realigning typical KPIs with today’s realities. During this webinar, ALM Guidance to Inform Big Decisions, you will have the opportunity to explore how to elevate your decision insights through the use of ALM intelligence. Done well, this helps address these issues head-on while effectively navigating uncertainties and opportunities as they continue to unfold. Key Takeaways Identify and communicate potential conflicts with traditional KPIs Examine three (3) major questions when addressing liquidity Communicate potential future effective cost of funds as pricing decisions are being made Learn to look up and down, including twists and turns Purchase Now$295 Members | $395 Nonmembers (Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until March 9, 2024.Go to the Online Training Center to access the webinar after purchase » Who Should Attend CFOs Senior finance titles NCRMs, risk titles Compliance, BSA and risk titles Education Credits NCRMs will receive 1.0 CEUs for participating in this webinar CPA credit information is below; recommended 1.0 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Senior Associate Director of Education, NAFCU Learning Objectives: See key takeaways Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.0 credits Recommended Field of Study: Finance – Technical About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, DC. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU email@example.com America/New_York public
ALM Guidance to Inform Big Decisions
Credits: NCRM, CPE
Liquidity: As Explained Through Black History
Operations Examination & Enforcement
Get daily updates.
Subscribe to NAFCU today.