The National Association of Federal Credit Unions’ (NAFCU) regulatory affairs team launched a new NCUA Money Watch page on the association’s website which will give members and non-members the most up-to-date analysis of the NCUA’s budget and finances.
“2017 is shaping up to be one of the busiest years the credit union industry has seen in a long time,” said NAFCU President and CEO Dan Berger. “But you can rest assured that NAFCU will be using all available channels to fight for the interests of credit unions on the issues you care about most.”
The NCUA Money Watch page will focus on the planned refund from the Temporary Corporate Credit Union Stabilization Fund (TCCUSF), any potential premiums to be charged by the National Credit Union Share Insurance Fund (NCUSIF) and the NCUA budget.
The updates will include links to more comprehensive coverage of the issues as well as information about NAFCU’s latest advocacy efforts.
NAFCU has been particularly vocal in its concerns about potential NCUSIF premium charges and in urging the NCUA to work to ensure a TCCUSF refund for credit unions as soon as possible. NAFCU also pressed for the return to public NCUA budget briefings. Berger testified at the agency’s first public budget briefing in years this October.