NAFCU advances CUs to Trump, key officials
As the industry's Washington Watchdog, NAFCU's unmatched relationships with lawmakers, regulators, and administration officials ensure credit unions' voices are heard at the highest levels of government and industry issues are addressed by appropriate actions.
To achieve a regulatory environment in which credit unions continue to grow and thrive, NAFCU President and CEO Dan Berger sent the association's 2020 priorities to agencies and administration officials with whom NAFCU works closely and has strong relationships, including:
- President Donald Trump;
- Treasury Secretary Steven Mnuchin;
- Federal Reserve Chairman Jay Powell;
- U.S. National Economic Council Director Larry Kudlow;
- Department of Housing and Urban Development Secretary Ben Carson;
- Federal Housing Finance Agency Director Dr. Mark Calabria;
- Federal Communications Chairman Ajit Pai;
- CFPB Director Kathy Kraninger; and
- NCUA Board Chairman Rodney Hood and Board Members Todd Harper and J. Mark McWatters.
The letters sent last week raised issues specific to the agencies. “We are committed to advancing the credit union industry and hope that you will work with us to address [these] and other top legislative and regulatory issues,” Berger wrote. In 2018, NAFCU secured credit unions' first meeting with President Trump and has worked with each of the individuals and their respective agencies on this list to discuss economic and regulatory trends that impact credit unions and their 119 million members.
NAFCU's award-winning advocacy team is active on Capitol Hill sharing the priorities with lawmakers to keep credit union issues top of mind this legislative session and will continue to meet with regulators on key industry issues. Additionally, Credit Union Times spoke with NAFCU's Carrie Hunt for a feature story diving deeper into what the association is planning for the year ahead when it comes to standing up for credit unions.
NAFCU will remain personally invested in credit unions' growth and success by providing members with exceptional advocacy and member service, as well as access to the resources and connections needed to keep growing.
Add to Calendar 2020-08-13 14:00:00 2020-08-13 14:00:00 What Internal Auditors Have Learned from the Pandemic and What They Should Do Going Forward Just a few months ago, it would have been unfathomable that we would be living in a pandemic crisis today. The pandemic has impacted nearly every organization and every person. Sometimes as quickly as daily, risks change and new risks emerge. We have experienced changes in the market economy, supply of goods and services, serving members, practices to maintain safety and the health of employees and members, and challenges of working remotely. Join us for an hour of information sharing of what internal auditors have learned from the pandemic so far and how internal auditors can continue to add value and participate in decision making in this relatively uncertain, risk emerging time. Key Takeaways Understand how to communicate with management and the supervisory committee Identify emerging risks and participate in decision making Review risk topics currently impacting credit unions Learn how to reset and redefine internal audit efforts Resurge internal audit’s role as trusted business advisor Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until August 13, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Risk Managers (NCRMs) Chief Financial Officers (CFOs) Finance staff Risk staff Education Credits NCRMs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Understand how to communicate with management and the supervisory committee. Identify emerging risks and participate in decision making. Review risk topics currently impacting credit unions. Learn how to reset and redefine internal audit efforts. Resurge internal audit’s role as trusted business advisor. Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Finance - Technical National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. 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 firstname.lastname@example.org America/New_York public
Credits: NCRM, CPE
Consumer Lending , Consumer Lending
Add to Calendar 2020-08-10 14:00:00 2020-08-10 14:00:00 CDFI Certification: A Door to external resources to expand your credit union’s capacity to serve its community There currently are 312 credit unions certified as a Community Development Financial Institution (CDFI), with combined assets of almost $134 billion and serving more than 12 million predominantly low income and minority consumers across the nation. Many more credit unions are eligible as they operate in CDFI target markets and offer products and services relevant to those communities. Nearly 700 credit unions are in what we call the “CDFI zone” Are you one of them? This certification makes credit unions eligible to participate in and/or to receive financial assistance and technical assistance awards as well as to receive deposits from institutions participating in the Bank Enterprise Award Program. In addition, the certification provides access to a growing number of programs offered by other agencies, such as participation in the loan guarantee program offered by the Bureau of Indian Affairs. Certification also provides certain regulatory exemptions, such as NCUA’s MBL limit and CFPB’s Ability to Repay and QM requirements. The CDFI Fund is the single largest source of external resources for credit unions, providing since its inception, more than $370 million in technical and financial assistance grants to increase access to affordable lending options and responsible financial services for low and moderate income and financially underserved populations. Key Takeaways Discuss building blocks of community finance Identify tools available to credit union Review eligibility requirements Understand the process for achieving CDFI certification Learn how to leverage the benefits of this credential Register Now For On-Demand AccessRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until August 10, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? Chief Executive Officer (CEO) Chief Lending Officer (CLO) Business Lending Staff Lending Staff Education Credits This webinar doesn't qualify for any continuing education credits recognized by NAFCU or NASBA. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. 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
CDFI Certification: A Door to external resources to expand your credit union’s capacity to serve its community
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