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As lawmakers continue to look at ways to provide consumers, businesses, and financial institutions with relief to support recovery from the coronavirus pandemic, credit unions will hear important updates from NAFCU's award-winning advocacy team on the association's Q1 Member Call-In happening March 31. NAFCU President and CEO Dan Berger will be joined on the call – set to begin at 4 p.m. Eastern – by Executive Vice President of Government Affairs and General Counsel Carrie Hunt and other senior staff.
NAFCU has actively lobbied Capitol Hill and the Trump administration throughout negotiations to ensure credit unions have parity with banks in any relief provisions and that proposals that could harm the credit union industry are not included.
Outside of congressional updates, members will receive a briefing on federal agencies and regulators that continue to move forward with their own relief efforts, including:
- the NCUA's recently released additional guidance for credit unions;
- the Small Business Administration’s deferment of payments on existing SBA disaster loans through the end of the year;
- the Federal Reserve’s new stabilization efforts to support the economy; and
- the Federal Housing Finance Agency’s new measures to support liquidity in the mortgage market.
NAFCU will explain how all of these efforts are impacting credit unions, and what additional relief and guidance the association is continuing to fight to obtain for the industry and its 120 million members.
NAFCU will explain how all of these efforts are impacting credit unions, and what additional relief and guidance the association is continuing to fight to obtain for the industry and its 120 million members.
The member-only call is free, but registration is required. Credit unions can submit questions during the registration process or live during the Q&A portion of the call.
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