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NAFCU’s offices will be closed Monday in observance of Juneteenth. Credit union members will still have access to the association’s website for resources as well as regulatory and legislative updates on key issue areas. 

Here are a few recent updates from NAFCU to be aware of:  

New resources on FedNow, interchange: NAFCU has created a new webpage dedicated to assisting credit unions as they explore the Federal Reserve’s FedNow Service, which is set to launch in July. Credit unions are encouraged to utilize NAFCU’s free, on-demand webinar series to provide staff with a baseline understanding of FedNow.

In addition, NAFCU and other financial services trade groups are relentlessly fighting against a bill sought by big-box retailers to expand interchange price controls to credit cards – which they were successful in stopping last year – by highlighting the negative effects it would have on consumers, credit unions and other financial institutions. The association has an updated one-pager detailing the consequences of this interchange legislation. Credit unions are encouraged to take action and contact lawmakers in opposition via NAFCU’s Grassroots Action Center and share statements to bolster the association’s advocacy.

Conferences you don’t want to miss: NAFCU each year offers an extensive lineup of stellar conferences and events designed with credit unions' needs in mind. Each event brings together industry professionals and experts to provide credit union professionals with the top-rated education and training opportunities needed to take their careers and institutions to the next level.

Here’s a look at the events still to come in the second half of 2023:

• Engage 2023: NAFCU’s Annual Conference, June 27-30 in Southern California;
• BSA School, Aug. 15-17 in Louisville, Ky. or On-Demand;
• Risk Management Seminar, Aug. 15-17 in Louisville, Ky. or On-Demand;
• Congressional Caucus, Sept. 10-13 in Washington, D.C.;
• Large CU Summit, Sept. 11-12 in Washington, D.C.;
• CFO Summit, Sept. 19-21 in Las Vegas, Nev.;
• Regulatory Compliance and BSA Seminar, Sept. 26-28 in Savannah, Ga.;
• Management and Leadership Institute; Oct. 23-27 in Annapolis, Md.;
• Lending Conference, Nov. 7-9 in New Orleans, La.; and
• Regulatory Compliance School On-Demand, with access available through Dec. 1

Don’t forget the OTC: NAFCU’s Online Training Center (OTC) provides credit unions with resources and training opportunities accessible year-round. Save 10% on all OTC subscriptions with code SAVE10 through July 21, 2023.

Check out the subscriptions available for credit unions looking to elevate their team:

• Online Compliance Training Subscription;
• Board of Directors Online Training Subscription; and
• All-Access Pass.

One subscription gives an entire credit union access for one year.

NAFCU Today will resume publication Tuesday, June 20.