NAFCU Press Archives

NAFCU-led RBC delay passes house

WASHINGTON, DC (June 26, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the House passed a two-year delay of the National Credit Union Administration's (NCUA) risk-based capital (RBC) rule, which as it is currently ...

NAFCU weighs in on de-risking challenges before financial services subcommittee

WASHINGTON, DC (June 26, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) representative John Lewis, senior vice president of corporate affairs and general counsel of United Nations Federal Credit Union (UNFCU), is set to testify before the House Financial Institutions and Consumer Credit Subcommittee ...

NAFCU recommends reg relief under CFPB’s inherited regulations

WASHINGTON, DC (June 26, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Kaley Schafer today sent a letter in response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) on inherited regulations. The Bureau's inherited regulations are those ...

NAFCU: Loosening Volcker rule for big banks is ‘risky’

WASHINGTON, DC (June 25, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger sent a letter to federal banking regulators urging them not move forward with a rulemaking to loosen Volcker rule requirements. Berger's letter was sent to the Federal ...

NAFCU sees new opportunity for housing finance reform

WASHINGTON, DC (June 25, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today sent a letter to Treasury Secretary Steven Mnuchin responding to President Donald Trump's recent proposal, "Reform the Federal Role in Mortgage Financing," which was outlined in ...

NAFCU announces 2017 NAFCU/PAC credit union award winners

WASHINGTON, DC (June 22, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) today announced the winners of the NAFCU/PAC 2017 White Hat Award and Credit Union Challenge Awards during the association's 51st Annual Conference and Solutions Expo in Seattle. "It is an ...

NAFCU files 13th ADA-related amicus brief, first appellate defending DOLFCU

WASHINGTON, DC (June 20, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) today filed its 13th amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). This amicus, in support the Department ...

NAFCU names 9 winners in 2018 Annual Awards Competition

WASHINGTON, DC (June 20, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) has named nine winners in its 2018 Annual Awards Competition, which honors member credit unions and credit union professionals and volunteers for excellence and achievement in the industry. Award winners were ...

NAFCU announces 2018-2019 Board of Directors

WASHINGTON, DC (June 20, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) announced the newly elected and continuing members of its 2018 - 2019 Board of Directors during NAFCU's 51st Annual Conference and Solutions Expo in Seattle. Jeanne Kucey, president and CEO of ...

NAFCU urges CFPB to exempt CUs from adopted regulations

WASHINGTON, DC (June 19, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Kaley Schafer today sent a letter to the Consumer Financial Protection Bureau (CFPB), urging the bureau to use its exemption authority to exclude credit unions from certain rules that ...

Trump to nominate Kraninger to lead CFPB

WASHINGTON, DC (June 18, 2018) — President Donald Trump is expected to nominate Kathy Kraninger, an official at the Office of Management and Budget, to lead the CFPB. "NAFCU looks forward to the opportunity to work with Ms. Kraninger should she be confirmed as CFPB ...

NAFCU urges CFPB to aid CUs on S.2155 compliance

WASHINGTON, DC (June 15, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today sent a letter to the Consumer Financial Protection Bureau (CFPB), sharing NAFCU-backed regulatory actions that should be pursued in light of the recent enactment of the ...