NAFCU Press Archives

McWatters urges Cordray to exempt CUs from CFPB oversight

WASHINGTON, DC (July 7, 2017) — NCUA Chairman J. Mark McWatters asked CFPB Director Richard Cordray in a letter today to conditionally exempt federally-insured credit unions with assets of more than $10 billion from the bureau's examination and enforcement authority – something NAFCU has continually advocated. ...

NAFCU urges FHFA to closely evaluate GSEs’ plans for underserved markets

WASHINGTON, DC (July 7, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Ann Kossachev, in a letter Friday, told the Federal Housing Finance Agency that while the association supports the government-sponsored enterprises' plans to serve underserved markets, the association has concerns regarding their launch ...

Top members of congress join NAFCU’s 2017 Congressional Caucus lineup

WASHINGTON, DC (July 5, 2017) — House Chief Deputy Whip Patrick McHenry, R-N.C., House Financial Services Subcommittee Chairman Bill Huizenga, R-Mich., House Republican Policy Committee Chairman Luke Messer, R-Ind., and Sens. Tom Cotton, R-Ark., and Mike Rounds, R-S.D., have joined the growing list ...

NAFCU pushes housing principles ahead of senate hearing

WASHINGTON, DC (June 28, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) Vice President Brad Thaler  thanked Senate Banking Committee leaders for holding a hearing on housing finance reform and provided the set of housing finance reform principles that NAFCU believes should be ...

NBC’s Mark Halperin to keynote NAFCU’s 2017 Congressional Caucus

WASHINGTON, DC (June 28, 2017) — Mark Halperin, creator, executive producer and co-host of Showtime's The Circus, senior political analyst for NBC News and MSNBC and co-author of New York Times bestsellers "Game Change" and "Double Down: Game Change 2012," will share his insights on ...

NAFCU congratulates McWatters on appointment as NCUA Chairman

WASHINGTON, DC (June 27, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger congratulated J. Mark McWatters on becoming the tenth chairman of the NCUA Board. President Donald J. Trump today issued the designation of chairman, effective June 23. "NAFCU ...

NAFCU June Economic & CU Monitor on data security

WASHINGTON, DC (June 26, 2017) — Good afternoon, Attached is NAFCU’s June Economic & CU Monitor, which includes an “Industry and Economic Briefing” overview from NAFCU Chief Economist and Director of Research Curt Long. The June Monitor features an in-depth look at data security. ...

NAFCU praises McWatters’ call for reg relief in Senate testimony today

WASHINGTON, DC (June 23, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger praised the testimony of NCUA Acting Chairman J. Mark McWatters, being delivered today to the Senate Banking Committee, as he reaffirms his commitment to provide the credit ...

NAFCU praises McWatters’ call for reg relief in senate testimony today

WASHINGTON, DC (June 22, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger praised the testimony of NCUA Acting Chairman J. Mark McWatters, being delivered today to the Senate Banking Committee, as he reaffirms his commitment to provide the credit ...

NAFCU releases core housing finance reform principles

WASHINGTON, DC (June 22, 2017) — As leaders in Congress begin to address the issue of housing finance reform, NAFCU today is releasing its core principles that it believes will ensure the safety and soundness of the credit union system and should be included in ...