Executive sessions and the right to inspect
A federal credit union (FCU) member has a right to inspect the books and records of a FCU so long as the member has a “proper purpose for obtaining the records.” While Article XVI, Section [...]
The latest from NAFCU
Powell vows to tackle inflation during two days of testimony before Congress
This week, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Wednesday and House Financial Services Committee on Thursday as part of the Fed's Semiannual Monetary Policy Report to Congress. During both [...]
Navigating an unpredictable future
As leaders, we learn to expect the unexpected. As life happens and new obstacles present themselves, we have to learn to assess, adapt, and reassess. However, this takes time and practice. When we learn that [...]
HFSC drops NAFCU-opposed Overdraft Protection Act from markup
The House Financial Services Committee pulled the NAFCU-opposed Overdraft Protection Act during its rescheduled markup Wednesday. NAFCU has long advocated against the bill, as it would significantly limit overdraft protection programs and the ability to [...]
NAFCU shares concerns around Durbin amendment expansion ahead of SBC Fed hearing
NAFCU Vice President of Legislative Affairs Brad Thaler Tuesday wrote to the Senate Banking Committee ahead of its hearing to examine the Federal Reserve’s Semiannual Monetary Policy Report to Congress, released earlier this month. [...]
Community charters and remote access to a community
As NAFCU noted last week, the House passed a bill that, among other things, would permit federal credit unions to add underserved areas to their field of membership. The bill also adds "banking deserts” to [...]
As inflation rises, credit unions remain the backbone for American consumers
The May 2022 consumer price index report revealed that inflation rose to its highest level since 1981. Immediately following this report, the Federal Open Market Committee raised the federal funds target rate by 75-basis points [...]
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Upcoming events with NAFCU
Virtual Risk Management Seminar
Organization: NAFCU
Virtual Event
Congressional Caucus
Organization: NAFCU
Washington D.C.
CFO Summit
Organization: NAFCU
Annapolis, MD
Regulatory Compliance & BSA Seminar
Organization: NAFCU
Louisville, KY
Management and Leadership Institute
Organization: NAFCU
Annapolis, MD
Lending Conference
Organization: NAFCU
Greenville, SC
Strategic Growth Conference
Organization: NAFCU
Nashville, TN
Latest Press from NAFCU
NAFCU CEO stands in support of Ukraine, UACUA
The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement following Russia’s attacks against Ukraine: “Russia’s invasion of Ukraine is not only an attack on innocent [...]
NAFCU launches “Stop Big Bank Bullies” ad campaign
The National Association of Federally-Insured Credit Unions (NAFCU) today launched a national digital advertising campaign educating Americans on how they can limit the influence that Big Wall Street banks have over their finances and the [...]
NAFCU research: payroll gains misses 200,000 mark for the first time this year
The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the Bureau of Labor Statistics released the September Jobs Report: “Payroll gains disappointed [...]
NAFCU research: consumer credit grew at the strongest rate in years in June
The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the release of the latest NAFCU CU Industry Trends report: “There are a [...]
NAFCU names Greg Mesack senior vice president, government affairs
The National Association of Federally-Insured Credit Unions announced today the hiring of Gregory Mesack as Senior Vice President, Government Affairs. He brings over two decades of experience in financial services policy advocacy. “I’m thrilled [...]
NAFCU research: August retail sales climb despite dip in auto sales
The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the Bureau of Labor Statistics released retail data for August: “Retail sales rose [...]
New study finds removing credit union tax exemption could severely impact economy
A new study released today examines the economic benefits of the credit union tax exemption to consumers, businesses, and the U.S. economy. The study, commissioned by the National Association of Federally-Insured Credit Unions, found [...]
