The latest from NAFCU

- by NAFCU Newsroom

House passes Phase 3 coronavirus relief

Following Senate passage earlier this week, the House today passed the Phase 3 coronavirus relief package – the CARES Act – which includes several provisions for which NAFCU had advocated. The president is expected to sign it. [...]

- by B. Dan Berger, Berger Leadership Blog

Ease tough situations with humanity

Globally, we are facing a challenge right now with the coronavirus pandemic. Every day, there is more and more news about the impacts the virus is having on our health care system, economy, and communities. [...]

- by Brandy Bruyere, NAFCU Compliance Blog

Federal regulators issue TDR guidance

NAFCU continues to receive questions from credit unions as they navigate the challenges posed by COVID-19 and work to help their members who are adversely impacted. One common question is to what extent loan modifications [...]

- by NAFCU Newsroom

Berger to NCUA: Grant CUs urgent capital flexibility, bank parity

NAFCU President and CEO Dan Berger Wednesday urged the NCUA to grant credit unions "additional capital flexibility to address the economic crisis" and provide parity with banks in light of the coronavirus outbreak. Berger specifically [...]

- by NAFCU Newsroom

Appeals court vacates decision, reopens case on CFPB structure

The Fifth Circuit Court of Appeals last week reversed its decision regarding the CFPB's constitutionality, reopening the case CFPB v. All American Check Cashing and granting a rehearing en banc. The Fifth Circuit had previously [...]

- by NAFCU Newsroom

Fed announces new stabilization efforts

Yesterday, the Federal Reserve announced a new stabilization package and committed to using the full range of its authorities aimed toward supporting the economy during the coronavirus pandemic. Included in these actions is a plan [...]

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Latest Press from NAFCU

NAFCU statement on Trump administration’s GSE reform plan

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 [...]

NAFCU Congressional Caucus kicks off Sept. 9-11 in D.C.

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 [...]

NAFCU statement supporting NCUA’s hemp guidance

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 [...]

NAFCU to NCUA: Consider strength of CUs in RBC framework

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, [...]

NAFCU responds to CFPB QM announcement

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 [...]