NAFCU engages with regulators on 2018 priorities, CU issues

by NAFCU Newsroom

NAFCU President and CEO Dan Berger today is engaging with the NCUA, CFPB, Federal Housing Finance Agency (FHFA) and Treasury Department on the association’s 2018 advocacy priorities and the role each regulator can play in helping NAFCU work toward creating a regulatory environment in which credit unions can thrive.

Berger detailed those priorities in letters today to each agency. As released last week, NAFCU’s 2018 advocacy priorities include:

  • creating a regulatory environment that allows credit unions to grow by addressing issues such as housing finance reform, field of membership, risk-based capital reform and continuing to defend the credit union tax exemption;
  • reducing the regulatory burden and creating appropriate, tailored regulations for credit unions by increasing the CFPB’s use of its exemption authority and addressing issues such as member business lending and the unfair, deceptive, or abusive acts and practices (UDAAP);

 

continue reading »

Featured