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  • NAFCU Chief Economist Curt Long's Statement on FOMC Decision Not to Raise Rates(2) (Wednesday, September 20, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement today in response to the Federal Open Market Committee’s announcement of no change in interest rates after the conclusion of its two-day meeting.
  • CUs, NAFCU Meet with HUD Secretary Carson Today to Talk Housing (Monday, September 18, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) member credit unions and association senior staff today are meeting with Housing and Urban Development Secretary Ben Carson at HUD headquarters to discuss credit unions' role in helping low-income individuals, affordable housing and the industry's priorities for housing finance reform.
  • NAFCU, CUs Succeed at Keeping NCUA Out of Approps Process (Wednesday, September 13, 2017)
    The credit union industry scored a big win this afternoon as the House passed an amendment sought by the National Association of Federally-Insured Credit Unions (NAFCU) to keep the NCUA out of the appropriations process.
  • NAFCU and SBA Renew Partnership to Increase Loans to Small Businesses (Wednesday, September 13, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger and Small Business Administration Administrator Linda McMahon today signed a Memorandum of Understanding which will work to improve access to small dollar loans to small businesses across the nation.
  • Members of Congress Reintroduce NAFCU-Backed 'Stop and Study' Bill on Risk-Based Capital (Tuesday, September 12, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler today thanked Reps. Bill Posey, R-Fla., and Denny Heck, D-Wash., for reintroducing a NAFCU-sought, bipartisan bill that would require the NCUA to conduct a study on the appropriate capital requirements for credit unions before implementing its final risk-based capital (RBC) rule, which is scheduled to take effect Jan. 1, 2019.
  • NAFCU Urges Congress for National Data Security Standard Following Equifax Data Breach (Friday, September 8, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today in a letter urged congressional leaders to support national data security standards for retailers and others who collect and store consumers’ personal and financial information following news of the Equifax data breach.
  • Presidential Cabinet Members, Congressional Leadership, Top Regulators to Attend Largest NAFCU Congressional Caucus (Thursday, September 7, 2017)
    The National Association of Federally-Insured Credit Unions (NAFCU) next week will host its 2017 Congressional Caucus – the credit union industry's main event for advocacy in Washington, D.C. Celebrated annually, this year's Caucus is expected to be NAFCU's largest, most widely attended since before the recession, with headlining speakers including Housing and Urban Development Secretary Ben Carson and Small Business Administration Administrator Linda McMahon. In addition, NAFCU's Congressional Caucus will also include remarks from House Financial Services Committee Chairman Jeb Hensarling, R-Texas, among other key members of Congress.
  • NAFCU Chief Economist Curt Long Statement on August Jobs Report (Friday, September 1, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s August employment report, released this morning.
  • NAFCU CUs, Staff Meet with Mnuchin at Treasury Today on Credit Union Issues (Tuesday, August 22, 2017)
    Representatives from several National Assocation of Federally-Insured Credit Unions (NAFCU) member credit unions, with the association's Dan Berger and Carrie Hunt, will meet today with Treasury Department Secretary Steven Mnuchin on issues of importance to credit unions, including tax reform, housing, lending and regulatory relief.
  • NAFCU Opposes Increasing NCUSIF Normal Op Level, Urges Further Study (Monday, August 21, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued the following statement regarding the NCUA's proposal to increase the normal operating level (NOL) of the National Credit Union Share Insurance Fund (NCUSIF) from 1.3 percent to 1.39 percent. NAFCU, based on a unanimous decision by its Board of Directors and two member-filled committees, is urging the NCUA to reconsider this increase, citing a negative impact on the industry. In addition, NAFCU is asking the NCUA for more due diligence before taking action to close the Temporary Corporate Credit Union Stabilization Fund (TCCUSF).
  • NAFCU Chief Economist Curt Long Statement on July Jobs Report (Friday, August 4, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s July employment report, released this morning.
  • House Ways and Means Committee Chairman Brady, Other Top Lawmakers Join NAFCU's 2017 Congressional Caucus Lineup (Friday, July 28, 2017)
    House Ways and Means Committee Chairman Kevin Brady, R-Texas, is among the seven key lawmakers who have recently joined the speaker slate for the National Association of Federally-Insured Credit Unions (NAFCU2017 Congressional Caucus, scheduled Sept. 10-13 at the Hyatt Regency Washington on Capitol Hill.
  • NAFCU Chief Economist Curt Long's Statement on FOMC Decision Not to Raise Rates(1) (Wednesday, July 26, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement today in response to the Federal Open Market Committee’s announcement of no change in interest rates after the conclusion of its two-day meeting today.
  • NAFCU Risk Management, BSA Seminars Kick Off Today in Denver (Monday, July 24, 2017)
    Credit union professionals from across the country are gathering today to kick off the National Association of Federally-Insured Credit Unions (NAFCUBSA Seminar and Risk Management Seminar at the Grand Hyatt Denver. This is the first time these two NAFCU seminars are being held concurrently at the same location. Risk Management Seminar ends July 26, and BSA Seminar ends July 27.
  • James Kenyon Named NAFCU Board Director-at-Large (Thursday, July 20, 2017)
    James A. Kenyon, president and CEO of Whitefish Credit Union, Whitefish, Mont., has been named to fill the vacant at-large seat on the National Association of Federally-Insured Credit Unions (NAFCU) Board of Directors.
  • NAFCU Welcomes Discourse on Stabilization Fund Closure, Concerned about Proposed 1.39% NCUSIF Target (Thursday, July 20, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger welcomed the NCUA Board's decision today to reach out to the credit union industry for input on the closure of the Temporary Corporate Credit Union Stabilization Fund. But he noted concerns about the second part of that - the proposed increase to 1.39 percent in the "normal operating level" of the National Credit Union Share Insurance Fund.
  • NAFCU Witness Purvis Stresses Importance of Credit Unions' Access to Secondary Market in Senate Banking Hearing (Thursday, July 20, 2017)
    Charles Purvis, president and CEO of Coastal Federal Credit Union (Raleigh, N.C.), will testify today on behalf of the National Association of Federally-Insured Credit Unions (NAFCU) before a Senate Banking Committee hearing on housing finance reform. Purvis will stress the importance of ensuring that any housing finance reform plan preserves credit unions' unfettered access to the secondary market, along with fair pricing conditions.
  • CFPB Finalizes TRID 'Fix'; NAFCU's Bruyere Urges More Clarity, Transparency (Friday, July 7, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Regulatory Compliance Brandy Bruyere issued the following statement today following the finalization of the Consumer Financial Protection Bureau's (CFPB) updates to its Truth in Lending Act/Real Estate Settlement Procedures Act integrated mortgage disclosure rule.
  • NAFCU Chief Economist Curt Long Statement on June Jobs Report (Friday, July 7, 2017)
    National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department's June employment report, released this morning.
  • McWatters Urges Cordray to Exempt CUs from CFPB Oversight (Thursday, July 6, 2017)
    NCUA Chairman J. Mark McWatters asked CFPB Director Richard Cordray in a letter today to conditionally exempt federally-insured credit unions with assets of more than $10 billion from the bureau's examination and enforcement authority – something NAFCU has continually advocated.
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