Newsroom
NAFCU blitzes Hill, talks CU issues with lawmakers
NAFCU President and CEO Dan Berger, other senior staff and association members were on Capitol Hill yesterday for the opening of the 116th Congress to welcome new and returning legislators as they were sworn in. Berger and staff throughout the day also touted the association's 2019 priorities agenda, on which credit union growth is No. 1.
See all of the lawmakers NAFCU met with here.
"NAFCU welcomes the new and returning legislators to Washington and we look forward to working with them on issues critical to the credit union industry in this new Congress," Berger said. "As the industry's Washington Watchdog, NAFCU will work hard to ensure all lawmakers understand credit unions' unique status as not-for-profit, member-owned financial institutions, and we will build on progress made in recent years to create the regulatory environment that allows credit unions to grow and thrive."
Following the release of NAFCU's 2019 priorities, Berger sent a letter outlining them to congressional leaders Thursday. In addition to credit union growth, other priorities include maintaining a strong NCUA, promoting transparency, attaining regulatory relief, preserving the credit union tax exemption and establishing a fair and innovative market.
Berger, Executive Vice President of Government Affairs and General Counsel Carrie Hunt, Vice President of Legislative Affairs Brad Thaler and other NAFCU representatives attended numerous swearing-in ceremonies and receptions Thursday, meeting with:
- Sen. Mike Crapo, R-Idaho, Senate Banking Committee Chairman;
- Sen. Sherrod Brown, D-Ohio, Senate Banking Committee Ranking Member;
- Sen. Mike Rounds, R-S.D., a member of the Senate Banking Committee;
- Sen. Bob Menendez, D-N.J., a member of the Senate Banking and Finance Committees;
- Sen. Gary Peters, D-Mich., Senate Homeland Security and Government Affairs Committee Ranking Member;
- Sen. Jon Tester, D-Mont., a member of the Senate Banking Committee;
- Sen. Roy Blunt, R-Mo., a member of the Senate Commerce Committee;
- Sen. Cory Booker, D-N.J., a member of the Senate Small Business Committee;
- Sen. Mitt Romney, R-Utah;
- Sen. Josh Hawley, R-Mo.;
- Sen. Kyrsten Sinema, D-Ariz.;
- Rep. Maxine Waters, D-Calif., House Financial Services Committee Chairwoman;
- Rep. Nydia Velázquez, D-N.Y., House Small Business Committee Chairwoman;
- Rep. Richard Neal, D-Mass., House Ways and Means Committee Chairman;
- Rep. Kevin Brady, R-Texas, House Ways and Means Committee Ranking Member;
- Rep. Joyce Beatty, D-Ohio, a member of the House Financial Services Committee;
- Rep. Blaine Luetkemeyer, R-Mo., a member of the House Financial Services Committee;
- Rep. Sean Duffy, R-Wis., a member of the House Financial Services Committee;
- Rep. Ted Budd, R-N.C., a member of the House Financial Services Committee;
- Rep. Ed Perlmutter, R-Colo., a member of the House Financial Services Committee;
- Rep. French Hill, R-Ark., a member of the House Financial Services Committee;
- Rep. Debbie Wasserman Schultz, D-Fla.;
- Rep. Alexandria Ocasio-Cortez, D-N.Y.; and
- Rep. Paul Cook, R-Calif.
Share This
Related Resources
Add to Calendar 2024-05-07 14:00:00 2024-05-07 14:00:00 BSA Training for the Board of Directors This webinar, BSA Training for the Board of Directors provides vital training with a comprehensive overview of the Bank Secrecy Act (BSA), anti-money laundering (AML) and combatting the financing of terrorism (CFT) compliance requirements. You’ll explore the ramifications of non-compliance and gain insights into the expectations and requirements set forth by the National Credit Union Administration (NCUA). This includes discovering how board engagement plays a pivotal role in fostering a robust BSA/AML compliance program within your credit union. Don’t miss this opportunity to equip your board with the knowledge and insights needed to navigate the regulatory landscape effectively. Key Takeaways Identify BSA/AML compliance requirements Review board member duties as it relates to BSA/AML compliance Examine current regulatory actions that may impact your credit union Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until May 2, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend Board members Board chairs and vice chairs Supervisory committee members Presidents/CEOs Executive assistants Education Credits NCRMs will recieve 1.0 CEUs for participating in this webinar NCCOs will recieve 1.0 CEUs for participating in this webinar NCBSOs will recieve 1.0 CEUs for participating in this webinar NCVEs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
BSA Training for the Board of Directors
Credits: NCCO, NCBSO, NCRM, NCVE
Webinar
Add to Calendar 2024-05-06 14:00:00 2024-05-06 14:00:00 Overview of Regulation CC Join us for this webinar, Overview of Regulation CC, and you’ll delve into the intricacies of the Expedited Funds Availability Act and Regulation CC. This includes gaining invaluable insights on effectively implementing funds availability requirements, navigating the process of placing holds on deposited items and crafting comprehensive disclosures for your members. Don't miss this opportunity to enhance your understanding of regulatory compliance in the financial landscape. Key Takeaways Know the funds availability requirements Learn what must be included in disclosures Comprehend extended holds Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until April 18, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
Overview of Regulation CC
Credits: NCCO, NCRM
Webinar
Add to Calendar 2024-05-03 14:00:00 2024-05-03 14:00:00 Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing About the Webinar In January 2024, Pentegra conducted a survey of retirement plan sponsors and their perspectives on retirement plan management and fiduciary outsourcing. The survey measured how sponsors are using fiduciary outsourcing to help better manage their retirement plans. It also captured their perspectives on what outsourcing does to help them better position their plans and drive improved retirement plan outcomes. Key Takeaways: What is the full scope of your responsibilities as a plan sponsor? What is fiduciary outsourcing and how does it work? How does fiduciary outsourcing help reduce workloads and minimize risk? How can a credit union best position its plan to drive improved outcomes? Register Here Web NAFCU digital@nafcu.org America/New_York public
Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing
preferred partner
Pentegra
Webinar
Ensuring Safety and Soundness with AI
Management, Consumer Lending, FinTech
preferred partner
Upstart
Blog Post
Get daily updates.
Subscribe to NAFCU today.