Leadership lessons from the 2022 World Cup
Whether you’re a soccer fan or not, it’s hard to ignore one of the largest sporting spectacles on Earth – the World Cup. While the feats of athleticism on the pitch are impressive, leaders [...]
NAFCU News Archives
Beige Book reflects ‘unevenness’ in the economy
The Federal Reserve released its latest Beige Book yesterday, showing that national economic activity was about flat or up slightly since the previous report, while also being down from the modest average pace of growth [...]
The CUPP | Episode 9: Fintech frenzy—A discussion with NCUA board member Rodney Hood
Join NCUA Board Member Rodney Hood in a discussion about the importance of building strategic partnerships with fintech companies to provide products and services to your members. Explore how the NCUA is thinking about fintech [...]
NAFCU secures key wins in 2022, continues advocacy
As credit unions’ voice in Washington, NAFCU strives daily to provide the industry with unwavering federal advocacy, award-winning compliance assistance, and top-rated education resources. With the support of credit union members, the association secured several [...]
Fall 2022 supervisory highlights: Part I
It is the most wonderful time of the year! With the holidays around the corner and wintery weather soon to follow, what better way to stay warm then to cozy up to a fire with [...]
FOMC’s November minutes signal slowing of rate hikes
The Federal Open Market Committee (FOMC) recently released its November meeting minutes. In the meeting, “a substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” “The [...]
CFPB takes action on CARES Act forbearance violation
As some of you may know, in early 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Under the CARES Act, borrowers with federally backed mortgage loans could obtain a 180-day [...]
This week: 117th Congress begins final weeks, NAFCU continues advocacy
Today, the 117th Congress begins its final three and a half weeks with major bills still to pass, including the National Defense Authorization Act (NDAA) and a government spending bill to avoid a government shutdown. [...]
Gratitude, the greatest gift in the workplace
Yesterday was Thanksgiving, a time to reflect on what you’re grateful for and to show appreciation for those around you. As leaders, we’re often focused on achieving goals and what it’ll take [...]
NAFCU reiterates CUs’ data privacy, security stance to FTC
As the Federal Trade Commission (FTC) seeks public feedback on commercial surveillance and data security issues, NAFCU advised the commission to “abstain from all further data privacy-related rulemaking efforts until Congress passes the comprehensive federal [...]
Existing home sales decline again in October
Existing home sales declined 5.9 percent in October to a seasonally-adjusted annualized rate of 4.4 million units, marking the ninth straight month of declining sales and representing a 28.4 percent decrease in [...]
Make your voice heard in Washington
Earlier this month, millions flocked to the polls to cast their vote in the midterm elections. In fact, some are reporting that while the votes are still not finalized, 2022 turnout is on track to [...]
CFPB seeks enhanced public data on auto lending
In a new blog post, the CFPB highlighted how the cost of automobiles has risen substantially since the beginning of the COVID-19 pandemic and that auto loans are on track to outpace student loans in [...]
Treasury: Fintech oversight needed to protect consumers
The Treasury Department released a report Wednesday assessing the impact of fintechs in the financial services space. NAFCU met with the department earlier this year to share concerns about the lack of accountability and supervision [...]
Harper testifies before SBC; NAFCU writes to HFSC ahead of oversight hearing
The Senate Banking Committee held a hearing yesterday to discuss how federal financial regulators are working to create a financial system that strengthens the financial services industry to benefit consumers, communities, and small businesses. During [...]