The NAFCU Journal: Explore credit card strategies, exam insights, contingency planning
The November-December edition of The NAFCU Journal is now available online and features articles to provide credit unions with insights into providing members with top-notch credit card offerings, completing successful NCUA exams, and preparing for disasters.
In "Leading the Charge," credit unions that have seen success in their credit card offerings provide tips to help others determine if they should enter the market, what kinds of rewards resonate with members, how the current expected credit loss (CECL) standard could impact revolving credit, and more.
As the NCUA continues its exam modernization efforts and credit unions prepare for successful exams, "Test for Success" offers insights into the exam process, how to address examiner concerns, and areas of focus. Those interviewed include a former examiner, representatives from the NCUA and NAFCU, and credit union compliance professionals.
The final feature, "Weathering the Storms," helps credit unions prepare contingency plans for all types of situations – including natural disasters and government shutdowns – to mitigate losses and provide extreme member service in difficult times.
Also included are several columns from NAFCU members and employees offering advice and insight into the world of credit unions. Find the rest of the available section online below:
- From the Chair: Make Compliance Less of a Burden
- Washington & Industry Briefs: Advocating for Credit Unions – Your Washington Watchdog at Work
- The Bottom Line: Feeling the Heat – The Fed's Search for Inflation
- Executive Spotlight: Mary McDuffie, President/CEO, Navy Federal Credit Union
- Management Insight: Superior Member Service Includes Effective Fraud Prevention
- Compliance Central: Hemp Banking and Other Developments
- Inside NAFCU Services: Best of our Preferred Partner Content from 2019
- From the President's Desk: Reflecting on Growth to Prepare for the Year Ahead
CFPB Issues Interpretive Rule Clarifying Loan Originator Screening Requirements
Add to Calendar 2019-11-14 14:00:00 2019-11-14 14:00:00 What’s New and What’s Next with NAFCU’s Regulatory Affairs Team Prepare your credit union for the evolving regulatory landscape. Hear firsthand from the experts what's new coming out of Washington with NAFCU's Regulatory Affairs team! They'll provide you with an update on recent developments at the Consumer Financial Protection Bureau (CFPB) and National Credit Union Administration (NCUA), as well as other regulators. The team will also touch on what's coming next, including anticipated rulemakings that will affect your credit union. Key Takeaways: Review the NCUA’s latest efforts to modernize the capital framework for credit unions Discuss the recent CECL delay and the NCUA’s potential phase-in of the new accounting standard Walk through administrative and legislative efforts to reform the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac Understand the potential impact of changes to the CFPB’s Qualified Mortgage definition and the expiration of the GSE Patch Learn how to participate in the recent innovation-related policies from the CFPB Register Now Registration is free for members, but you must register to attend.$395 Nonmembers (Additional $50 for CD) One registration gives your entire team access to the live webinar and on-demand recording until November 14, 2020Already registered? Go to the Online Training Center to view. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Risk Managers (NCRMs) NAFCU Certified Volunteer Experts (NCVE) Presidents, Chief Executive Officers Executive Vice Presidents Credit Union attorneys Credit Union counsels Board members and Board Chairs Compliance staff Risk staff Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. NCVEs 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: Review the NCUA’s latest efforts to modernize the capital framework for credit unions. Discuss the recent CECL delay and the NCUA’s potential phase-in of the new accounting standard. Walk through administrative and legislative efforts to reform the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. Understand the potential impact of changes to the CFPB’s Qualified Mortgage definition and the expiration of the GSE Patch. Learn how to participate in the recent innovation-related policies from the CFPB. 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: Regulatory Ethics - 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: NCCO, NCRM, NCVE, CPE
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