WASHINGTON, DC (November 10, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Director of Regulatory Affairs Alexander Monterrubio has asked the NCUA to adopt a "good faith efforts" examination policy, similar to the CFPB, regarding compliance with the Home Mortgage Disclosure Act (HMDA) given ...
WASHINGTON, DC (November 10, 2017) — In a letter sent to U.S. Attorney General Jeff Sessions, National Association of Federally-Insured Credit Unions (NAFCU) reiterated the assoication's support of efforts to ensure individuals with disabilities are not discriminated against and have equal access to financial ...
WASHINGTON, DC (November 9, 2017) — The House Ways and Means Committee today reported out the House Republican tax bill, the Tax Cuts and Jobs Act (H.R. 1). After four days of review, the credit union tax exemption remains untouched. Before reporting the bill, ...
WASHINGTON, DC (November 8, 2017) — Ahead of today's Senate Commerce, Science, and Transportation Committee hearing on protecting consumers from data breaches, National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler sent a letter reiterating NAFCU's call for a stronger ...
WASHINGTON, DC (November 7, 2017) — Consumer Financial Protection Bureau (CFPB) Director Richard Cordray will be at National Association of Federally-Insured Credit Unions (NAFCU) headquarters today for a meeting with the association's board of directors to discuss various regulatory issues affecting the credit union industry, ...
WASHINGTON, DC (November 7, 2017) — Today, National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev urged the Federal Communications Commission (FCC) to clarify language in the Telephone Consumer Protection Act (TCPA) in order to ease the compliance burden many credit unions ...
WASHINGTON, DC (November 6, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) today released its 2017 NAFCU Report on Credit Unions. The report shows, among other things, that credit unions are expanding their offerings for members despite increasing regulatory burdens. The report reiterates that ...
WASHINGTON, DC (November 3, 2017) — The credit union tax exemption remains safe as House Ways and Means Committee Chairman Kevin Brady, R-Texas, today released the chairman's mark of the bill, which will be the text used when the committee begins reviewing the legislation Monday ...
WASHINGTON, DC (November 3, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s October employment report, released this morning. "The October jobs report was modestly positive, on net. Job growth ...
WASHINGTON, DC (November 2, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding President Donald Trump's nomination of current Federal Reserve Board Governor Jerome Powell to serve as the next Federal Reserve Board chair. “...
WASHINGTON, DC (November 2, 2017) — House Republican leaders today introduced their tax reform bill, which, as urged by the National Association of Federally-Insured Credit Unions (NAFCU), leaves the credit union tax exemption intact. NAFCU is examining the bill for any additional impacts on credit ...
WASHINGTON, DC (November 2, 2017) — Invited by the White House, National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today observed President Donald Trump's signing of the congressional joint resolution to overturn the CFPB's final arbitration rule. The association was the ...
WASHINGTON, DC (November 1, 2017) — Debra Schwartz, National Association of Federally-Insured Credit Unions (NAFCU) Board treasurer and president and CEO of Mission Federal Credit Union in San Diego, Calif., is scheduled to deliver the following prepared remarks during today's hearing, "Data Security: Vulnerabilities and ...
WASHINGTON, DC (November 1, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger and Vice President of Legislative Affairs Brad Thaler were named top association lobbyists for 2017 by The Hill, a daily newspaper covering Congress and Washington, D.C. ...
WASHINGTON, DC (October 30, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) today sent a letter to the NCUA in response to its proposed 2018 and 2019 budgets. The letter, signed by Director of Regulatory Affairs Alexander Monterrubio, acknowledges the agency's efforts in ...
