NAFCU Press Archives

NAFCU statement on Trump’s executive order to cut regulations

WASHINGTON, DC (January 31, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued a statement regarding President Donald Trump’s executive order to reduce regulation and control regulatory costs. The president signed the executive order during a White ...

NAFCU statement on appointment of J. Mark McWatters as acting NCUA chairman

WASHINGTON, DC (January 26, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement on President Trump’s appointment of current NCUA Board Member J. Mark McWatters as the agency’s new acting chairman, effective immediately. Berger ...

NAFCU letter to Congress on NCUA’s Member Business Lending Rule

WASHINGTON, DC (January 24, 2017) —   January 24, 2017 The Honorable Mitch McConnell Majority Leader United States Senate Washington, D.C. 20510 The Honorable Chuck Schumer Minority Leader United States Senate Washington, D.C. 20510 The Honorable Paul Ryan Speaker U.S. House of ...

NAFCU letter to FCC Chairman Pai on TCPA

WASHINGTON, DC (January 23, 2017) — January 23, 2017 The Honorable Ajit Pai Chairman Federal Communications Commission 445 12th Street SW Washington, D.C. 20554 RE: Telephone Consumer Protection Act Dear Chairman Pai: On behalf of the National Association of Federally-Insured Credit Unions (NAFCU), the ...

NAFCU comment letter to NCUA on the FOIA Improvement Act interim final rule

WASHINGTON, DC (January 23, 2017) — January 23, 2017 Gerard Poliquin Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re:      Comments on Revisions to the Freedom of Information Act Regulation Dear Mr. Poliquin: On behalf of the National Association ...

NAFCU: Tax study shows credit unions saves consumers $16 billion annually

WASHINGTON, DC (January 23, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) today released an independent study that shows the benefit to U.S. consumers from the credit union federal income tax exemption is $16 billion per year, or $159 billion over the ...

NAFCU welcomes policy groups’ support of NCUA’s Member Business Lending rule

WASHINGTON, DC (January 18, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) issued a statement today thanking several nonprofit public policy organizations, including the Competitive Enterprise Institute (CEI), for supporting the member business lending rule of the National Credit Union Administration (NCUA). NCUA’...

NAFCU letter to NCUA re: Asset Securitization

WASHINGTON, DC (January 17, 2017) —   The Honorable Rick Metsger, Chairman The Honorable J. Mark McWatters, Board Member National Credit Union Administration 1775 Duke Street Alexandria, VA 22314-3428 RE:         Proposed Rule – Asset Securitization (RIN 3133-AE29) Dear Chairman Metsger and Board Member McWatters: On behalf ...

NAFCU Letter to NCUA on FCU Loan Interest Rate Ceiling

WASHINGTON, DC (January 13, 2017) — The Honorable Rick Metsger, Chairman The Honorable J. Mark McWatters, Board Member National Credit Union Administration 1775 Duke Street Alexandria, VA 22314             RE: Federal Credit Union Loan Interest Rate Ceiling Dear Chairman Metsger and Board Member McWatters: On behalf ...

NAFCU hails reintroduction of member business lending bill

WASHINGTON, DC (January 10, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today praised Reps. Ed Royce, R-Calif., Jared Huffman, D-Calif., Don Young, R-Alaska, and Peter DeFazio, D-Ore., for their bipartisan leadership in seeking credit union relief by reintroducing ...

NAFCU Chief Economist Curt Long statement on December jobs report

WASHINGTON, DC (January 6, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Dept.’s December employment report. "The labor market finished the year on a positive note, as job gains were ...

NAFCU Chief Economist Curt Long statement on FOMC December minutes

WASHINGTON, DC (January 4, 2017) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement today in response to the Federal Open Market Committee’s December meeting minutes when the announcement of an interest-rate increase was made. “Where the ...