NAFCU Press Archives

NAFCU risk management, BSA seminars kick off today in Denver

WASHINGTON, DC (July 24, 2017) — Credit union professionals from across the country are gathering today to kick off the National Association of Federally-Insured Credit Unions (NAFCU) BSA Seminar and Risk Management Seminar at the Grand Hyatt Denver. This is the first time these two ...

James Kenyon named NAFCU Board Director-at-Large

WASHINGTON, DC (July 21, 2017) — James A. Kenyon, president and CEO of Whitefish Credit Union, Whitefish, Mont., has been named to fill the vacant at-large seat on the National Association of Federally-Insured Credit Unions (NAFCU) Board of Directors. “NAFCU is growing and looking ahead ...

NAFCU urges NCUA to seek efficiencies as it conducts mid-year budget review

WASHINGTON, DC (July 19, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt reiterated NAFCU's appreciation for the National Credit Union Administration (NCUA) Board's focus on budget transparency and emphasized the need for finding ...

Advisory – NAFCU testifies to Congress July 20 on housing finance reform

WASHINGTON, DC (July 13, 2017) — Charles Purvis, president and CEO of Coastal Federal Credit Union (Raleigh, N.C.), will testify on behalf of the National Association of Federally-Insured Credit Unions (NAFCU) July 20 before the Senate Banking Committee regarding principles for housing finance reform. ...

NAFCU’s Thaler urges legislative solution to bad patent practices

WASHINGTON, DC (July 13, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler noted the growing problem of credit unions receiving deceptive demand letters claiming patent infringement and, in a letter today, urged a House Judiciary subcommittee to ...

NAFCU urges CFPB to make TILA assessment, RESPA fixes

WASHINGTON, DC (July 8, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) on Friday urged the Consumer Financial Protection Bureau (CFPB) to reverse its decision not to perform a five-year assessment of its Truth in Lending Act (TILA) rule, noting the suggestion that ...

CFPB finalizes TRID ‘Fix’; NAFCU’s Bruyere urges more clarity, transparency

WASHINGTON, DC (July 7, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Regulatory Compliance Brandy Bruyere issued the following statement today following the finalization of the Consumer Financial Protection Bureau's (CFPB) updates to its Truth in Lending Act/Real Estate Settlement ...

NAFCU Chief Economist Curt Long statement on June jobs report

WASHINGTON, DC (July 7, 2017) — National Association of Federally-Insured Credit Unions  (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s June employment report, released this morning. "Hiring in June was solid as job gains topped 200,000. ...

NAFCU’s Cyber Committee writes President Trump, supports cybersecurity order

WASHINGTON, DC (July 7, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger – on behalf of the association's Cybersecurity and Payments Committee – wrote President Donald Trump on Thursday with support for his executive order directing the strengthening of the federal ...