WASHINGTON, DC (December 6, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued a statement after learning of a New York credit union's lawsuit against President Donald Trump and CFPB Interim Director Mick Mulvaney. The lawsuit states that ...
WASHINGTON, DC (December 5, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris yesterday in a letter to the National Credit Union Administration (NCUA) commended the agency for revisiting certain outdated advertising provisions for credit unions that will seek to ...
WASHINGTON, DC (December 5, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today sent a letter to CFPB Interim Director Mick Mulvaney requesting that the bureau delay the effective date of the Home Mortgage Disclosure Act (HMDA) final rule, ...
WASHINGTON, DC (December 4, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossacchev today in a letter to the National Credit Union Administration (NCUA) outlined NAFCU's support for the agency's 2018-2022 Draft Strategic Plan. Kossachev also offered the agency recommendations ...
WASHINGTON, DC (November 22, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris today in a letter to the Consumer Financial Protection Bureau (CFPB) urged the bureau to limit public disclosure of HMDA loan data in order to protect the ...
WASHINGTON, DC (November 21, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today in a letter to the National Credit Union Administration (NCUA) offered ways in which the agency can reprioritize its regulatory reform efforts. In the letter, ...
WASHINGTON, DC (November 21, 2017) — Today, the National Association of Federally-Insured Credit Unions (NAFCU) released a November Economic & CU Monitor that reveals a staggering majority of credit unions fear another Equifax-like breach is on the horizon, with 20 percent reporting they have reissued ...
WASHINGTON, DC (November 17, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator today wrote to the Consumer Financial Protection Bureau (CFPB) outlining nine areas in which the bureau could improve its operations and provide some relief to credit ...
WASHINGTON, DC (November 17, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris today in a letter to the Consumer Financial Protection Bureau (CFPB), said the association is supportive of the bureau's efforts to address the statement timing provisions connected ...
WASHINGTON, DC (November 16, 2017) — The House today passed the Republican tax bill, the Tax Cuts and Jobs Act (H.R. 1), with the credit union tax exemption fully intact. In response, National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger ...
WASHINGTON, DC (November 16, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Senior Regulatory Affairs Counsel Michael Emancipator provided the Small Business Administration (SBA) five ways in which the agency can reduce its regulatory burden and help credit unions better serve their business members. ...
WASHINGTON, DC (November 15, 2017) — Consumer Financial Protection Bureau (CFPB) Director Richard Cordray today announced in an email to CFPB staff he plans to step down from his post before the end of the month. In response, National Association of Federally-Insured Credit Unions (NAFCU) ...
WASHINGTON, DC (November 15, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today wrote to the Consumer Financial Protection Bureau (CFPB) in support of amendments made to Regulation X to resolve the timing issue for providing modified written early ...
WASHINGTON, DC (November 13, 2017) — Senate Banking Committee Chairman Mike Crapo, R-Idaho, today unveiled a bipartisan regulatory relief deal with several Democratic colleagues that includes a NAFCU-backed bill exempting loans for one-to-four-unit, non-owner-occupied dwellings from the credit union member business lending (MBL) cap and ...
WASHINGTON, DC (November 10, 2017) — Credit unions' tax exemption is untouched in a Senate Republican tax reform bill unveiled today. NAFCU has kept in close contact with House and Senate leaders to ensure preservation of the industry's tax exemption. The association is examining the ...
