NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the House Financial Services Committee (HFSC) ahead of today’s CFPB oversight hearing. In the letter, Thaler expressed NAFCU’s “thoughts on some current issues [...]
Occasionally NAFCU will receive questions from credit unions regarding converting from a state to a federal charter. If your state-chartered credit union ever makes this decision, I’ve included some helpful information below that may [...]
In a letter sent Monday, NAFCU's Brad Thaler outlined credit union priorities for the House and Senate as they consider an end-of-year government funding package and conclude legislative work for the 117th Congress. Thaler, NAFCU’[...]
The Office of the Comptroller of the Currency (OCC) released its semiannual risk report last week, which found that interest rates, cybersecurity, compliance, and loan portfolio performance are among the top risks facing the banking [...]
Greetings, Compliance folks! The joy of the holiday season is upon us – decorations adorn most buildings, holiday music is playing in stores, and kids (including my own) are eagerly awaiting their presents. This time of [...]
Total consumer credit rose 6.9 percent at a seasonally adjusted, annualized rate in October and is up 8.1 percent compared to a year ago. Revolving credit – primarily credit cards – rose 10.4 percent [...]
Over the years, I’ve written a lot about the concept of “purpose” – for example, how to find your organization’s purpose and how to ensure it is what drives you as you lead your [...]
NAFCU President and CEO Dan Berger, Senior Vice President of Government Affairs Greg Mesack, and Vice President of Legislative Affairs Brad Thaler were recognized as top 2022 association lobbyists by The Hill, a daily newspaper [...]
We’re operating in a highly polarized political environment and have been for many years. With the 2022 midterm elections behind us and a new Congress gearing up to take over, we’re also operating [...]
Sens. Alex Padilla, D-Calif., and Kevin Cramer, R-N.D., have introduced S. 5183 that would continue Central Liquidity Facility (CLF) enhancements by allowing corporate credit unions to purchase CLF capital stock for a specific subset [...]
One of my favorite shows growing up was, believe it or not, Golden Girls. All four women brought different dynamics to the show. Blanche was fun, Sohpia was mischievous, Rose was um…well… from St. [...]
Total vehicle sales fell slightly from 15.1 million annualized units in October to 14.1 million annualized units in November, with monthly sales levels up 7.9 percent year-over-year. NAFCU Chief Economist and Vice [...]
The Bureau of Labor Statistics issued the November jobs report Friday, which revealed that the unemployment rate remained at 3.7 percent during the month. NAFCU Chief Economist and Vice President of Research Curt Long [...]
Happy December, compliance companions! This year seems to have flown by in warp speed, and so much has happened, both personally and professionally – we moved into our new house, had to replace the furnace a [...]
NAFCU Thursday asked the Federal Housing Finance Agency (FHFA) to extend the effective date for targeted changes to the government-sponsored enterprises’ (GSEs) guarantee fee pricing to March 1, 2023. The changes took effect yesterday, but [...]
