WASHINGTON, DC (October 25, 2017) — "NAFCU appreciates the Senate taking up this vote in a timely manner," said NAFCU President and CEO Dan Berger. "While NAFCU strongly supports consumer protections, credit unions should not have been included in this rulemaking as they are not ...
WASHINGTON, DC (October 25, 2017) — Today, National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler in a letter reminded lawmakers of the adverse effects some of the Telephone Consumer Protection Act (TCPA) provisions have on the credit union industry. ...
WASHINGTON, DC (October 24, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) today announced it has joined Hyperledger, an open-source, global collaboration effort to advance cross-industry blockchain technologies hosted by The Linux Foundation. NAFCU becomes the first U.S. financial trade association to ...
WASHINGTON, DC (October 19, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) and the Independent Community Bankers of America® (ICBA) today wrote to Federal Housing Finance Agency Director Mel Watt urging the agency to allow the government-sponsored enterprises (GSEs) to rebuild their capital ...
WASHINGTON, DC (October 13, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding today's House Financial Services Committee two-day mark-up that addressed Home Mortgage Disclosure Act improvements and tailoring of regulations to limit burdens on ...
WASHINGTON, DC (October 11, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) on Tuesday lodged support for several regulatory relief bills slated for mark-up today by the House Financial Services Committee, including measures related to Home Mortgage Disclosure Act improvements (H.R. 2954) ...
WASHINGTON, DC (October 11, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today wrote the Consumer Financial Protection Bureau (CPFB) lending support to the bureau's efforts to resolve the "black hole" issue under its TILA/RESPA integrated mortgage disclosure (...
WASHINGTON, DC (October 6, 2017) — The National Credit Union Administration (NCUA) today released its discussion draft budgets for 2018 and 2019, which project $298.2 million and $302.8 million in spending, respectively. The National Association of Federally-Insured Credit Unions (NAFCU) is reviewing the ...
WASHINGTON, DC (October 6, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s September employment report, released this morning. "The lousy returns from the September jobs report will make little ...
WASHINGTON, DC (October 6, 2017) — The Consumer Financial Protection Bureau (CFPB) released a final rule on payday lending today that, based on an initial review, appears to address credit union industry concerns over potentially negative impacts on credit unions' ability to meet members' needs ...
WASHINGTON, DC (October 2, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today urged congressional action to ensure that credit unions do not bear the cost of negligent data practices by entities like Equifax. Berger made his call for ...
WASHINGTON, DC (September 30, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today wrote the National Credit Union Administration (NCUA) requesting that the agency provide more information regarding the NCUA's proposed change to its "in danger of insolvency" definition ...
WASHINGTON, DC (September 29, 2017) — House Financial Services Committee Member Vicente Gonzalez, D-Texas, and House Foreign Affairs Committee Chairman Ed Royce, R-Calif., along with Rep. Paul Cook, R-Calif., today reintroduced a NAFCU-supported bill to exclude veterans’ loans from the statutory credit union member business ...
WASHINGTON, DC (September 28, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement on the National Credit Union Administration (NCUA) Board’s vote to raise the normal operating level (NOL) of the share insurance fund to ...
WASHINGTON, DC (September 28, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler yesterday wrote to Senate subcommittee leaders urging the committee to include many NAFCU-sought regulatory relief and funding provisions found in a House-passed bill – including funding ...
