NAFCU Vice President of Legislative Affairs Brad Thaler reiterated the association’s support for rules aimed at targeting illegal and fraudulent robocalls, while also detailing concerns about their impact on credit unions, ahead of a [...]
NAFCU and several other financial services industry groups wrote Federal Reserve Chair Jerome Powell ahead of Wednesday’s Federal Reserve Board meeting on debit card interchange fees and routing under Regulation II. The groups urged [...]
The Senate Banking Committee Thursday heard directly from NCUA Board nominee Tanya Otsuka, who has been nominated to replace current Board Member Rodney Hood as his term expired in August. During the hearing, Otsuka outlined [...]
One of the few guarantees in life – besides taxes and hitting every red light when you’re running late – is uncertainty. There will be many times when the path forward is out of your control. [...]
The Federal Reserve released its Beige Book Wednesday, revealing the near-term outlook for the economy was generally described as stable, or having slightly weak growth. Consumer spending was mixed, especially among general retailers and auto [...]
CFPB Director Rohit Chopra joined NAFCU President and CEO Dan Berger and member credit unions Tuesday for a virtual town hall discussion on a broad range of issues impacting the credit union industry. Berger asked [...]
Happy National Chocolate Cupcake Day! Go ahead and indulge in one of life’s greatest desserts. In fact, grab a cupcake or your favorite treat, something to drink (a cup of coffee as I like) [...]
A group of Senate Republicans, led by Senate Banking Committee Ranking Member Tim Scott, R-S.C., sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson over the weekend raising concerns about the [...]
Equip your entire team with the knowledge necessary to thrive. NAFCU’s Online Training isn’t just knowledge; it’s a strategic investment in your credit union's future. After all, in the dynamic world of [...]
In response to another attack from bankers questioning the credit union industry’s tax exemption and motives, NAFCU President and CEO Dan Berger and CUNA President and CEO Jim Nussle set the record straight on [...]
On a seasonally-adjusted basis, overall consumer prices rose 0.4 percent in September, with the overall consumer price index (CPI) rising 3.7 percent year-over-year. NAFCU Economist Noah Yosif analyzed the data in a new [...]
What in your daily life makes you feel fulfilled? Motivated? Happy? Are you tapping into those passions to make a difference? These can be tough questions. And finding the right avenue to dial into your [...]
The CFPB Wednesday released an advisory opinion for financial institutions it supervises – which includes credit unions with more than $10 billion in assets – to provide consumers with information about their accounts “in a timely manner” [...]
NAFCU’s Regulatory Committee met Tuesday to discuss the latest issues and proposed rules open for comment, including the Department of Labor’s (DOL) proposed rulemaking on wage exemptions, the oral arguments from the CFPB [...]
In 1999, the Gramm-Leach Bliley Act (GLBA) created a federal data privacy rule. This rule, implemented by Regulation P, governs how financial institutions can share a consumer’s information. Specifically, Regulation P requires that a [...]
