NAFCU Press Archives

NAFCU supports CFPB’s ECOA compliance reforms

WASHINGTON, DC (May 4, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today expressed NAFCU's support for the CFPB's proposed changes to Regulation B (Equal Credit Opportunity Act, or ECOA) to better align that rule with Regulation C (Home ...

NAFCU supports CHOICE Act, urges Durbin repeal ahead of mark-up

WASHINGTON, DC (May 2, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement ahead of today's House Financial Services Committee's mark-up of the Financial CHOICE Act: "The Financial CHOICE Act contains numerous NAFCU-supported initiatives that ...

NAFCU’s Hunt writes Senate, House leaders to support CDFI, CDRLF programs

WASHINGTON, DC (May 1, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) today wrote to House and Senate leaders in support of a bipartisan, consolidated appropriations package under consideration that, if enacted, would provide $248 million in funding sought by NAFCU for Treasury's ...

NAFCU recognizes National Small Business Week

WASHINGTON, DC (May 1, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today underscored credit unions' commitment to their member small businesses in recognizing National Small Business Week, which is sponsored by the Small Business Administration and will run ...

NAFCU names 8 winners in 2017 Annual Awards Competition

WASHINGTON, DC (April 27, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) has named eight winners in its 2017 Annual Awards Competition, which honors member credit unions and credit union professionals and volunteers for excellence and achievement in the industry. The winners will ...

NAFCU underscores economic benefits of credit union tax exemption

WASHINGTON, DC (April 26, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today reiterated the benefits to consumers and the economy of credit unions' federal corporate income tax exemption as the Trump administration released its key principles on tax ...

NAFCU April Economic & CU Monitor on NCUA Regulatory Priorities

WASHINGTON, DC (April 25, 2017) — Good afternoon, Attached is NAFCU’s April Economic & CU Monitor, which includes an “Industry and Economic Briefing” overview from NAFCU Chief Economist and Director of Research Curt Long, who is available for interview. The April Monitor features an ...

NAFCU-sponsored CECL study offers guidance to credit unions

WASHINGTON, DC (April 19, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) today released a study it sponsored with others to help credit unions make some of the hard choices they will face in implementing the new Financial Accounting Standards Board (FASB) current ...

Five Credit Union leaders on the ballot for two at-large NAFCU Board seats

WASHINGTON, DC (April 19, 2017) — Five candidates have been nominated for two at-large positions on the board of the National Association of Federally-Insured Credit Unions (NAFCU) in the election cycle underway now. They are Rod Taylor, incumbent (Barksdale Federal Credit Union, La.); W. Christopher ...