Newsroom

November 10, 2021

NAFCU closed Thursday for Veterans Day

American FlagNAFCU’s offices will be closed tomorrow in observance of Veterans Day, however, members will still have access to the association’s website for the resources and regulatory and legislative updates on key issue areas, including the proposed IRS reporting requirement

Here are a few recent updates from NAFCU to be aware of: 

Read the latest NAFCU Journal: The November-December edition of The NAFCU Journal is now available and includes a one-on-one feature with Representatives Ed Perlmutter, D-Colo., and Blaine Luetkemeyer, R-Mo., on their take on congressional priorities, bipartisanship, and more. This edition also covers how to facilitate transparency between regulators and credit unions.

Learn more about stablecoins: Want to dive deeper into the workings of stablecoins? Check out NAFCU Regulatory Affairs Counsel Dale Baker’s newest insight post on NAFCU’s ONES + CFPB Supervision, Lending, CFO, and Compliance, Risk & BSA networks. In the post, Baker reviews the latest stablecoin report, outlining the need for a consistent and comprehensive federal regulatory framework.

NAFCU wants your feedback: In a new Regulatory Alert, NAFCU calls for credit union feedback on the CFPB’s notice and request for comment regarding a series of orders issued by the Bureau to collect payment system information from tech giants including Google, Amazon, Facebook, and more. Feedback on the notice is due to NAFCU by Nov. 22 and can be submitted through the alert; comments are due to the CFPB by Dec. 6. Subscribe to receive Regulatory Alerts.

NAFCU Today will resume publication Friday. NAFCU UPDATE will publish at 4 p.m. Eastern Friday.