This week: Congress out, NAFCU meets with FinCEN

Lawmakers are working in their home districts and state offices for the next two weeks, providing a great opportunity for credit unions to reach out on top industry issues, including the ongoing push for regulatory relief and data security. NAFCU this week is also meeting with the Financial Crimes Enforcement Network (FinCEN).

NAFCU’s Grassroots Action Center allows credit unions to find contact information for their lawmakers and look up key credit union-related legislation to see where their members of Congress stand on those bills.

Credit unions can send letters, tweets, Facebook messages and also call their lawmakers concerning the current active campaigns on the Grassroots Action Center, which concern data security legislation and regulatory relief efforts.

On Thursday, NAFCU will meet with FinCEN Director Kenneth Blanco, who was named to the post in November. The association has kept in close contact with FinCEN on the agency’s ongoing priorities and to address credit unions’ regulatory burden associated with suspicious activity report filings, among other concerns.

 

continue reading »