2022 comes to a close this weekend and while planning for the year to come is an exciting task, there is an overwhelming amount of information out there about creating resolutions and business plans for [...]
The CFPB has finalized annual changes to asset-size exemption thresholds under the Home Mortgage Disclosure Act (HMDA) and Regulation Z based on the 8.6 percent increase in the average of the Consumer Price Index [...]
NAFCU is preparing for another year of unwavering federal advocacy, award-winning compliance assistance, and top-rated education resources in 2023. With the support of credit union members, the association secured several key wins in 2022. End-of-year [...]
Mark Treichel, former NCUA Executive Director and Examiner offers a detailed discussion of the NCUA’s examination process, priorities, modernizations, and recent guidance related to examinations. Plus, he covers what to expect from the agency’[...]
Before I get into today’s blog topic, I want to take this opportunity to wish all of our members and blog readers a happy and healthy new year! I always get a little sappy [...]
NAFCU sent members a Regulatory Alert last week outlining the NCUA’s proposed rule amending the agency’s loan participation and eligible obligation regulations. The proposal offers flexibility for federally-insured credit unions (FICUs) to engage [...]
When everyone thinks of Navy SEALs, they think of toughness. SEALs are some of the highest regarded special operations forces in the world. I’ve been lucky to have the chance to get to know [...]
Existing home sales declined 7.7 percent in November to a seasonally-adjusted annualized rate of 4.1 million units, marking the 10th straight month of declining sales and a 35.4 percent decrease in sales [...]
NAFCU President and CEO Dan Berger published an op-ed in American Banker expressing disappointment in the NCUA Board for unanimously approving an operating budget that is 7.5 percent higher than the previous year. Berger [...]
NAFCU Senior Regulatory Affairs Counsel Aminah Moore wrote to the Treasury Department in response to the Interagency Community Reinvestment Committee’s (ICIC) request for information regarding opportunities and challenges in federal community investment programs. In [...]
The Federal Reserve Board Friday adopted a final rule that identifies benchmark rates based on the Secured Overnight Financing Rate (SOFR) to replace the London Interbank Offered Rate (LIBOR) in certain financial contracts after June [...]
On December 7, 2022, the Consumer Financial Protection Bureau (CFPB) released a report detailing how few active duty reservists or active duty national guard members take advantage of the Servicemembers Civil Relief Act (SCRA) benefits. [...]
The NCUA Board met for their final meeting of 2022 to discuss the Share Insurance Fund (SIF), the proposed rule related to financial innovation, and the agency’s 2023-2024 budget. Notably, the NCUA unanimously approved [...]
I am a big proponent of self-reflection as a way to strengthen relationships with my teams. With 2022 coming to a close, I wanted to take some time to reflect on the basics and realign [...]
NAFCU President and CEO Dan Berger spent Wednesday on Capitol Hill meeting with credit union champions, including House Majority Leader-elect Steve Scalise, R-La., and Rep. Roger Williams, R-Texas, to discuss industry priorities and key issues. [...]
