This week: Congress in recess, NAFCU focuses on CU priorities
With Congress in recess until Nov. 28, NAFCU remains focused on various credit union priorities and encourages credit unions to engage in grassroots efforts. A full list of notable bills and policies can be found on NAFCU’s Grassroots Action Center, where credit unions can easily share statements with the association, send letters directly to legislators, and sign up for important email alerts.
Of note, ahead of the Nov. 17 funding deadline, President Joe Biden signed a continuing resolution to extend funding for the Departments of Transportation, Housing and Urban Development, Energy, and Veterans Affairs until Jan. 19. The bill also provided funding for other government entities through Feb. 2. NAFCU will continue to advocate for credit union priorities as lawmakers work on longer-term appropriations bills.
Also happening this week:
- Wednesday, comments in response to the NCUA’s proposed rule to implement provisions of the Fair Hiring in Banking Act and codify the Second Chance Interpretive Ruling and Policy Statement are due to NAFCU (view the Regulatory Alert breaking down the proposal); and
- NAFCU’s offices will be closed beginning Wednesday through Friday in observance of the Thanksgiving holiday.
Stay tuned to NAFCU Today for the latest out of Washington.
Add to Calendar 2023-11-30 09:00:00 2023-11-30 09:00:00 Safeguarding Credit Unions with Threat Intelligence Listen On: Key Takeaways: [1:01] What is threat intelligence, and why is it important to CUs? [2:14] What are threat intelligence feeds, and what role do they play in strengthening CUs? [4:41] Leveraging threat feeds and integrating intelligence into tools is crucial. [6:35] Learn what threat CUs should be most concerned about. [7:39] Phishing is ever-evolving, and user awareness is critical. [10:43] Learn how Defense Storm uses feeds to protect its customers. [13:28] Threat intelligence is not as complicated as some think; initiation can be easy through Slack, discussions, and a reporting culture. Web NAFCU email@example.com America/New_York public
Add to Calendar 2023-11-28 09:00:00 2023-11-28 09:00:00 Growing Creatively & Innovatively in 2024 Listen On: Key Takeaways: [0:58] What can credit unions do to best prepare themselves for 2024? [2:12] Although he sees a glimmer of hope, Jack points out that the liquidity crisis and slow prepayment speeds hamper rapid recovery. [5:22] We discuss how credit unions seek low loan growth through member-centric strategies such as second mortgages and home improvement lending. [7:34] Credit unions are leveraging advancing technology for member-focused engagement. [9:31] How will technology continue to evolve and affect credit unions? [11:43] What role does AI play in innovative growth? [14:14] Credit unions adopt technology for efficiency, enabling staff to focus on personalized member interactions, especially with younger generations. [17:14] Closing thoughts, emphasizing competition against banks and fintech for younger generations. Web NAFCU firstname.lastname@example.org America/New_York public
Get daily updates.
Subscribe to NAFCU today.