Newsroom
NAFCU celebrates CUs’ commitment to military members
May is Military Appreciation Month and NAFCU is celebrating the credit union industry’s commitment to providing service members, veterans, and their families with safe, secure, and reliable financial services.
Through #NAFCUNation, the association is collecting stories about how credit unions meet the needs of military members and their families. Through June 2, credit unions that share their impact and efforts via the online #NAFCUNation form will be entered to win a $1,000 donation made by NAFCU to the military-focused charity of the credit union’s choice.
Official rules for the #NAFCUNation Military Appreciation Month Sweepstakes can be found online. Participants must follow NAFCU’s instructions as posted on nafcu.org/nafcunation.
NAFCU consistently highlights credit unions’ commitment to serving the nation’s military members and advocates for policies that will allow the industry to better meet their needs.
Of note, NAFCU this week is monitoring a House Small Business Committee hearing on ways to support veteran-owned businesses – the association continues to call for an exemption for these loans under credit unions’ member business loan (MBL) cap – as well as Thursday’s NCUA Board meeting, during which the board is set to issue a proposed rule related to charitable donation accounts. In November, NAFCU and other organizations called on the NCUA to amend the definition of “qualified charity” to include 501(c)(19) veterans’ organizations so that credit unions can partner with these organizations to help veterans deal with crises such as mental health issues, homelessness, disabilities, and more.
Share This
Related Resources
Resiliency In Your Incident Response Plan
Cybersecurity
preferred partner
DefenseStorm
Blog Post
The Bottom Line on Insurance Tracking and Collateral Protection
Strategy
preferred partner
Allied Solutions
Blog Post
Add to Calendar 2024-04-15 09:00:00 2024-04-15 09:00:00 Mergers and Acquisitions: Unifying Two Different Executive Total Compensation and Benefits Programs Listen On: Key Takeaways: [03:50] With the merger of a smaller credit union into a larger one you are really only dealing with integrating staff into the larger credit union. [05:53] When working with a merger of equals we start with a deep dive into the executive compensation and benefits of each organization. [09:09] If your current executive benefits provider doesn’t conduct regular plan evaluations, consider having a plan audit anyway. [13:46] Don’t overpay for these things if you don’t have to. When you have more options available that means the cost is more appropriate. [17:11] It is in a unified organization’s best interest to do tier timelines where we look at your top executives who are critical to the unified organization’s success today and then slowly add in the next levels. Web NAFCU digital@nafcu.org America/New_York public
Mergers and Acquisitions: Unifying Two Different Executive Total Compensation and Benefits Programs
preferred partner
Gallagher
Podcast
Add to Calendar 2024-04-11 14:00:00 2024-04-11 14:00:00 Regulation E: Impacts Across Your Institution Dive into regulatory excellence with, Regulation E: Impacts Across Your Institution. This webinar is tailored to empower you with the knowledge and strategies necessary to effectively implement the Electronic Funds Transfer Act (EFTA) and Regulation E within your operations. You’ll explore how to apply Regulation E across various business areas to ensure compliance obligations are met with precision. Key Takeaways Learn the basics of EFTA and Regulation E Understand how to apply Regulation E at your organization to detect processes and transactions that require Regulation E compliance Discover how Regulation E may apply to a large breath of areas in your institutions and functions for which you may rely on third-party vendors Review recent enforcement activity for non-compliance with EFTA and Regulation E Register 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 April 11, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
Regulation E: Impacts Across Your Institution
Credits: NCCO, NCRM
Webinar
Get daily updates.
Subscribe to NAFCU today.