NAFCU Press Archives

NAFCU to NCUA: Proposal to delaying risk-based capital rule a positive step

WASHINGTON, DC (July 30, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the National Credit Union Administration (NCUA) announced its intention to consider delaying its risk-based capital rule at its upcoming board meeting: “The ...

Bob Woodward and Major Garrett to keynote NAFCU’s 2018 Congressional Caucus

WASHINGTON, DC (July 27, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) will host their annual Congressional Caucus with hundreds of credit union leaders, numerous prominent policymakers and over 200 meetings on Capitol Hill Sept. 11-14. As NAFCU’s premier advocacy event, topics ...

NAFCU protects credit union leases in NDAA Conference Report

WASHINGTON, DC (July 25, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler issued the following statement after a House and Senate Conference Committee agreed to remove language from the fiscal year 2019 National Defense Authorization Act that ...

NAFCU to BCFP: Credit unions have paramount interest in resolving member issues

WASHINGTON, DC (July 17, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris sent a letter to the Bureau of Consumer Financial Protection (BCFP) noting credit unions have a paramount interest in resolving member issues and requested the agency remove ...

NAFCU-led RBC delay up for vote, BCFP nominee hearing

WASHINGTON, DC (July 16, 2018) — NAFCU this week will actively encourage House members to support the fiscal 2019 House appropriations bill on financial services as the legislation houses a NAFCU-led provision that would delay the NCUA's risk-based capital (RBC) rule by two years. Similarly, ...

NAFCU applauds release of JOBS Act 3.0, RBC rule delay

WASHINGTON, DC (July 16, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued the following statement after House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) unveiled the bipartisan JOBS Act 3.0, ...

NAFCU files 15th ADA-related amicus brief defending Magnify CU

WASHINGTON, DC (July 10, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) today filed its 15th amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). This amicus is in support of ...

NAFCU Chief Economist Curt Long statement on June jobs report

WASHINGTON, DC (July 6, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s June employment report, released this morning. "The latest employment report showed strong job growth for June, plus ...

NAFCU to CFPB: Slow down rulemakings to ensure proper guidance, support

WASHINGTON, DC (July 3, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris sent a letter to the Consumer Financial Protection Bureau (CFPB) urging the Bureau to slow down its future rulemakings to ensure proper regulatory guidance. The letter is ...