NAFCU Press Archives

NAFCU Board opens membership vote on Articles of Incorporation

WASHINGTON, DC (August 9, 2016) — The National Association of Federal Credit Unions (NAFCU) announced that its Board of Directors unanimously voted to amend NAFCU’s Articles of Incorporation to give federally-insured, state-chartered credit unions full membership. A vote will open to NAFCU’s membership ...

NAFCU’s Risk Management Seminar kicks off today in Denver

WASHINGTON, DC (August 8, 2016) — Credit union professionals from across the country are gathering today to kick off the National Association of Federal Credit Unions (NAFCU) Risk Management Seminar at the Grand Hyatt Denver, where attendees will learn and share risk management insights they ...

NAFCU Chief Economist Curt Long statement on July jobs report

WASHINGTON, DC (August 5, 2016) — National Association of Federal Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Dept.’s July employment report. “This was another strong report that checked most, if not all of the significant ...

NAFCU statement on CFPB’s final mortgage servicing rule

WASHINGTON, DC (August 4, 2016) — National Association of Federal Credit Unions (NAFCU) Director of Regulatory Affairs Alexander Monterrubio issued the following statement on the final mortgage servicing rule issued today by the Consumer Financial Protection Bureau (CFPB). “NAFCU will thoroughly analyze this 900-page final ...

NAFCU statement on the passing of former Congressman Steve LaTourette

WASHINGTON, DC (August 4, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement on the passing of former Congressman Steve LaTourette, R-Ohio, who served in the U.S. House from 1995-2013 and was a chief sponsor ...

NAFCU Chief Economist Curt Long statement on second-quarter GDP data

WASHINGTON, DC (July 29, 2016) — National Association of Federal Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement today in response to the Commerce Department’s first reading of second-quarter date on gross domestic product (GDP). “The latest GDP report highlights the ...

NAFCU statement on CFPB’s proposed updates to TILA/RESPA (TRID) rule

WASHINGTON, DC (July 29, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding the Consumer Financial Protection Bureau’s (CFPB) proposed updates to the Truth in Lending Act/Real Estate Settlement Procedures Act integrated ...

NAFCU statement on CFPB’s debt collection proposal outline

WASHINGTON, DC (July 28, 2016) — National Association of Federal Credit Unions (NAFCU) Director of Regulatory Affairs Alexander Monterrubio issued the following statement today regarding the Consumer Financial Protection Bureau’s (CFPB) outline of a future proposed rule on debt collection that would place restrictions ...

NAFCU statement on Presidential policy directive on cyber incident coordination

WASHINGTON, DC (July 27, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding President Barack Obama’s policy directive on cyber incident coordination. “NAFCU and our members welcome President Obama’s continued focus on ...

NAFCU statement on GAO report on CFPB’s mortgage servicing rules

WASHINGTON, DC (July 25, 2016) — National Association of Federal Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt issued the following statement regarding the Government Accountability Office report released today that community banks and credit unions remain active in ...

NAFCU statement on six-year anniversary of Dodd-Frank and credit unions

WASHINGTON, DC (July 21, 2016) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding the six-year anniversary of Dodd-Frank Wall Street Reform and Consumer Protection Act and its impact on credit unions. “As we mark ...