This week: NAFCU keeps up aggressive advocacy push for CU priorities
NAFCU remains active on Capitol Hill this week, engaging with lawmakers to ensure top credit union priorities including - the paycheck protection program (PPP) loan forgiveness process, National Defense Authorization Act (NDAA), and more - are top of mind.
On Capitol Hill, lawmakers are set to continue discussions on Phase 4 coronavirus relief efforts. The Senate began releasing details of its Phase 4 package last week - the HEALS Act (Health; Economic Assistance; Liability Protection; and Schools Act) – which includes several NAFCU-supported items related to small business lending. The House previously passed its Phase 4 proposal – the HEROES Act – and NAFCU has continued to share its feedback on the bill with lawmakers.
NAFCU last week joined more than 140 other trade groups to urge the House to support bipartisan legislation that would ease the forgiveness process for smaller PPP loans. More on the association's advocacy to ensure credit union priorities are addressed.
On Wednesday, the Senate Banking Committee is set to vote on Kyle Hauptman's nomination to the NCUA Board. If approved, his nomination will then move to the full Senate. Hauptman previously testified before the committee and outlined his priorities for the board.
NAFCU's Virtual Regulatory Compliance School resumes tomorrow, with sessions on a number of key issues, including Regulation Z, as well as live question and answer sessions. The reimagined conference is designed to help compliance professionals build their comprehensive understanding of federal regulations that impact operations.
Additionally, NAFCU Services President Randy Salser Thursday will join Chief Economist and Head of the Mastercard Economics Institute Bricklin Dwyer for a webinar focusing on the latest economic insights and their implications for credit unions.
Also happening this week:
- in partnership with the Export-Import Bank of the United States (EXIM), a NAFCU webinar Wednesday will explore how credit unions can leverage EXIM's Working Capital Loan Guarantee to support small business member exporters; and
- Thursday, a NAFCU webinar will walk credit union professionals through the world of bankruptcy, including best practices and the most common landmines.
Student Loans, Consumer Lending, Growth & Retention
Fair Lending , Consumer Lending
Add to Calendar 2020-10-20 14:00:00 2020-10-20 14:00:00 Creative Growth Strategies for COVID-19 and Beyond: Credit Union Panel About the Webinar In this panel discussion, credit union leaders will introduce strategies that have helped them continue to thrive through the pandemic. Key topics addressed include: Successful lending growth and risk mitigation strategies Digital and account strategies driving member activity and sales Recommended tips for responding to current trends, while planning for the future Watch the Webinar On-Demand Web NAFCU email@example.com America/New_York public
Add to Calendar 2020-10-20 14:00:00 2020-10-20 14:00:00 Insurance Issues in the Time of COVID As the COVID-19 health crisis lingers, businesses continue to look to insurance for protection against losses due to revenue loss, cancelled events, government shutdown orders, and other coronavirus-related losses and resulting litigation. Join two Hunton Andrews Kurth insurance coverage attorneys, Sergio F. Oehninger and Geoffrey Fehling, as they discuss the complex issues involving insurance for COVID-19 losses. Attendees will leave this webinar with a better understanding of what policies may provide coverage for losses incurred during and after the COVID-19 pandemic; the importance of reviewing insurance policies to evaluate the adequacy of coverage both before and after a loss arises; and practical tips to navigate tricky areas such as notice, loss submissions and policy renewals. Key Takeaways Discuss the myth of “No coverage for COVID-19” that insurers and traditional media outlets are saying Review policies before a claim arises to be prepared and protected by insurance for the next loss Discuss COVID-19 claims tied to shutdown orders, business closures, loss of use of business facilities and similar suspended operations Register Now For On-Demand AccessRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until October 20, 2021.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Risk Managers (NCRMs) Chief Operating Officers (COOs) Chief Financial Officers (CFOs) Risk staff Education Credits NCRMs 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: Discuss the myth of “No coverage for COVID-19” that insurers and traditional media outlets are saying. Review policies before a claim arises to be prepared and protected by insurance for the next loss. Discuss COVID-19 claims tied to shutdown orders, business closures, loss of use of business facilities and similar suspended operations. 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: Specialized Knowledge – 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: NCRM, CPE
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