NAFCU Press Archives

NAFCU statement on CFPB response to privacy notice requirement request

WASHINGTON, DC (December 22, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding the Consumer Financial Protection Bureau’s (CFPB) response to his letter urging the bureau to implement statutory changes to privacy notice requirements ...

NAFCU Statement on Omnibus headed to President’s desk

WASHINGTON, DC (December 18, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to the Senate approval today of a combined tax cut extension and spending package, after the House approved the $1.1 ...

NAFCU statement on NCUA board action on IOLTA

WASHINGTON, DC (December 17, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to the National Credit Union Administration’s (NCUA) finalization of its proposed rule for implementing last year’s Federal Credit Union ...

NAFCU statement on credit union provisions included in year-end omnibus bill

WASHINGTON, DC (December 16, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to the omnibus agreement released last night by lawmakers which addresses not just cybersecurity information sharing, but also includes a NAFCU-backed ...

NAFCU letter in advance of HFSC’s FSOC hearing tomorrow

WASHINGTON, DC (December 7, 2015) — Re: Tomorrow’s Hearing: “Oversight of the Financial Stability Oversight Council” Dear Chairman Hensarling and Ranking Member Waters: On behalf of the National Association of Federal Credit Unions (NAFCU), the only trade association exclusively representing the federal interests of ...

NAFCU board meets with Federal Reserve’s Powell

WASHINGTON, DC (December 7, 2015) — The National Association of Federal Credit Unions (NAFCU) Board of Directors met with the Federal Reserve today to present findings of the 2015 NAFCU Report on Credit Unions and discuss vital credit union issues. The meeting was hosted by ...

NAFCU thanks President Obama for signing reg relief measures into law

WASHINGTON, DC (December 5, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding President Barack Obama’s signing into law today the transportation authorization bill, which includes NAFCU-sought relief measures for credit unions on privacy ...

NAFCU Board to meet with Federal Reserve’s Powell and CFPB’s Cordray

WASHINGTON, DC (December 4, 2015) — The National Association of Federal Credit Unions (NAFCU) Board of Directors is scheduled to meet Dec. 7 with Federal Reserve Board Governor Jerome Powell and, later that day, with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray to discuss ...

NAFCU: NCUA data shows robust loan, share growth for third quarter

WASHINGTON, DC (December 4, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger said the National Credit Union Administration’s third-quarter 2015 call report data highlights the growing value credit unions provide their members. “The NCUA’s third-quarter call report ...

NAFCU Chief Economist Curt Long Statement on November jobs report

WASHINGTON, DC (December 4, 2015) — National Association of Federal Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Dept.’s November employment report. “The November jobs report showed another strong month of job gains, along with upward ...

NAFCU praises Senate passage of highway bill with reg relief measures

WASHINGTON, DC (December 4, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement applauding Senate passage tonight of the transportation authorization bill, which includes NAFCU-sought privacy notice and some qualified-mortgage relief for credit unions. The measure ...

NAFCU thanks Chairman Hensarling for reviewing data security, NCUA budget bills

WASHINGTON, DC (December 4, 2015) — National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today thanking House Financial Services Committee Chairman Jeb Hensarling, R-Texas, for scheduling a mark-up for Tuesday, Dec. 8, on NAFCU-supported legislation to strengthen ...