We blogged a couple of months ago with some updates on recent patent litigation between USAA and Wells Fargo, and now there are new developments in this ongoing litigation as well as a related lawsuit [...]
Just as there is no success without failure, there is no improvement without criticism. Many of us likely are our own worst critic, but being able to take someone's constructive criticism in stride and grow [...]
On a seasonally adjusted basis, overall consumer prices increased 0.2 percent in December following a 0.3 percent rise in November. NAFCU's Curt Long, in a new Macro Data Flash report, attributed the growth [...]
Faheem Masood, president and CEO of NAFCU-member ESL Federal Credit Union (Rochester, N.Y.), has been selected to serve on the Federal Reserve's Community Depository Institutions Advisory Council (CDIAC) for 2020. The CDIAC meets twice [...]
On December 9, 2019, the Consumer Financial Protection Bureau (CFPB or bureau) issued its Fall 2019 Supervisory Highlights featuring supervisory observations from recent examinations. This is the second special edition focusing exclusively on furnishing information [...]
The Texas jury in a second lawsuit brought by USAA against Wells Fargo also determined that Wells Fargo had willfully infringed on USAA's remote deposit capture (RDC) technology patents. The first lawsuit – with a different [...]
As the industry's Washington Watchdog, NAFCU's unmatched relationships with lawmakers, regulators, and administration officials ensure credit unions' voices are heard at the highest levels of government and industry issues are addressed by appropriate actions. To [...]
The National Association of Federally-Insured Credit Unions (NAFCU) recognized Visions Federal Credit Union’s Director of Government Affairs Patricia F. Shermot with the association’s 2019 Paul Revere Award. The award is presented to the [...]
The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the Trump Administration finalized plans from the Treasury Department to reform the government-sponsored enterprises (GSEs), Fannie Mae [...]
The National Association of Federally-Insured Credit Unions (NAFCU) will host their annual Congressional Caucus Sept. 9-11 in Washington, D.C at the Hyatt Regency Washington on Capitol Hill. During NAFCU’s Congressional Caucus, dozens of [...]
The National Association of Federally-Insured Credit Unions (NAFCU), Credit Union National Association (CUNA) and CUNA Mutual Group today issued a joint statement in response to the U.S. Court of Appeals for the D.C. [...]
The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the National Credit Union Administration (NCUA) released interim guidance on serving hemp businesses: "We thank NCUA Chairman [...]
The National Association of Federally-Insured Credit Unions (NAFCU) EVP ofGovernment Affairs and General Counsel Carrie Hunt in a letter today urged the NCUA to consider “the totality of new regulation imposed since the financial crisis, [...]
The National Association of Federally-Insured Credit Unions (NAFCU) EVP ofGovernment Affairs and General Counsel Carrie Hunt issued the following statement in response to the CFPB’s announcement today that it plans to allow the QM [...]
