NAFCU Press Archives

NAFCU remains active on data security in conjunction with Senate Banking hearing

WASHINGTON, DC (May 25, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler sent the following letter to the Senate Banking Committee in conjunction with today's committee hearing “Cybersecurity: Risks to the Financial Services Industry and Its Preparedness." "...

NAFCU CEO reacts to S. 2155 house passage, eyes next steps for CUs

WASHINGTON, DC (May 23, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued the following statement regarding the House passage of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) on a bipartisan vote. "The passage ...

NAFCU offers five ways to improve CFPB’s supervisory activities

WASHINGTON, DC (May 22, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris sent a letter to the Consumer Financial Protection Bureau (CFPB) reiterating that no credit unions, regardless of asset size, should be included under the bureau's supervision and ...

House vote on S. 2155, RBC delay in mark-up, NAFCU at FHFA

WASHINGTON, DC (May 21, 2018) — The House on Tuesday is poised to vote on the NAFCU-backed Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). NAFCU President and CEO Dan Berger, who has held numerous meetings on Capitol Hill in the past week ...

Berger meets again with key House members ahead of reg relief vote

WASHINGTON, DC (May 17, 2018) — NAFCU President and CEO Dan Berger, in a number of meetings on Capitol Hill yesterday, shared credit unions' regulatory relief priorities and urged members to vote in favor of the NAFCU-backed Economic Growth, Regulatory Relief and Consumer Protection Act (...

NAFCU offers four suggestions to improve CFPB’s enforcement processes

WASHINGTON, DC (May 15, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today sent a letter to the Consumer Financial Protection Bureau (CFPB) reiterating our position that credit unions should not be subject to the bureau's enforcement authority. In ...

NAFCU files 9th ADA-related amicus brief defending PA credit union

WASHINGTON, DC (May 10, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) late yesterday filed its ninth amicus brief in support of credit unions facing litigation over unclear website accessibility requirements under the Americans with Disabilities Act (ADA). NAFCU's latest filing is the ...

NAFCU CEO urges Senate, House to carry reg relief over finish line

WASHINGTON, DC (May 8, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today sent a letter to House and Senate leaders, outlining top legislative items still pending before Congress. In the letter, Berger offered NAFCU's support in addressing these ...

NAFCU suggests changes to CFPB adjudication process

WASHINGTON, DC (May 8, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Andrew Morris today sent a letter to the Consumer Financial Protection Bureau (CFPB) suggesting "non-controversial changes" to the bureau's adjudication process while reiterating that credit unions should not be ...

NAFCU, trades petition FCC for autodialer clarifications

WASHINGTON, DC (May 4, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) today, along with more than a dozen  other trade associations, petitioned the Federal Communications Commission (FCC) to clarify the Telephone Consumer Protection Act's (TCPA) definition of automatic telephone dialing system (ATDS). ...

NAFCU shares concerns on customer due diligence ahead of subcommittee hearing

WASHINGTON, DC (April 27, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President Brad Thaler today sent a letter to the House Financial Services Committee, Subcommittee on Financial Institutions and Consumer Credit Chairman Blaine Luetkemeyer, R-Mo., and Ranking Member Lacy Clay, D-Mo., highlighting ...