Newsroom
This week: NAFCU remains engaged on top CU issues
With the House and Senate out on scheduled recess, NAFCU this week continues to keep credit union priorities top of mind.
Of note, the House on Friday passed the bipartisan infrastructure package, clearing the way for the President to sign it. The House also took a procedural step by adopting a rule allowing future consideration of the Build Back Better Act reconciliation package when the House returns from recess next week. Though the current version of the House package does not include the NAFCU-opposed IRS reporting requirements, it does include a proposal that would grant the Small Business Administration (SBA) direct lending authority to offer 7(a) loans of $150,000 or less to borrowers or “through partnerships with third parties.” NAFCU has continuously voiced opposition for this proposal and will continue to advocate against its inclusion in the final legislation.
For more on this topic, NAFCU President and CEO Dan Berger detailed why the proposal is flawed in a new op-ed featured in American Banker.
NAFCU is also preparing to kick off its Virtual Risk Management Seminar next week. During the seminar, attendees will gather the knowledge needed to prepare for the most serious internal and external threats facing credit unions – from interest rate risk to reputational risk.
Attendees will also have the opportunity to earn the prestigious NAFCU Certified Risk Manager (NCRM) designation during the seminar. View the full agenda for more information.
Also happening this week:
- tomorrow, NAFCU's Regulatory Committee will meet;
- tomorrow, the association will host a webinar on the CFPB's age-friendly banking resources;
- Wednesday, responses to the Economic & CU Monitor survey on cybersecurity are due; and
- Thursday, NAFCU's offices will be closed in observance of the Veterans Day holiday.
Stay tuned to NAFCU Today for the latest out of Washington.
Share This
Related Resources
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
Turning Lemons into Lemonade: Capitalizing in a Post-Banking Crisis Era
Strategy
preferred partner
Allied Solutions
Blog Post
Add to Calendar 2024-05-03 09:00:00 2024-05-03 09:00:00 Blind Spots in the Boardroom Listen On: Key Takeaways: [04:19] For a board to change its practices first it needs to be committed to different outcomes. It takes about 30 times for a board to start to be in a new conversation before they start to get their brain rewired to embody the change [07:24] In merger conversations we lose sight of what is important for the member. We need to look at what the continuing organization will look like and what is the leadership the membership and continuing organization need and deserve. [12:39] An educated board and executive team are a sharper team. When you have sharper leaders in the organization good things come from that. [24:22] If we are not taking care of that relationship with the CEO then we are strategically hampered. With a good CEO evaluation, the board is higher performing, the CEO is more attentive to being high performing, and the relationship is high performing and more genitive. Web NAFCU digital@nafcu.org America/New_York public
Blind Spots in the Boardroom
preferred partner
DDJ Myers
Podcast
Get daily updates.
Subscribe to NAFCU today.