Newsroom
This week: NAFCU keeps up aggressive advocacy push for CU priorities
NAFCU remains active on Capitol Hill this week, engaging with lawmakers to ensure top credit union priorities including - the paycheck protection program (PPP) loan forgiveness process, National Defense Authorization Act (NDAA), and more - are top of mind.
On Capitol Hill, lawmakers are set to continue discussions on Phase 4 coronavirus relief efforts. The Senate began releasing details of its Phase 4 package last week - the HEALS Act (Health; Economic Assistance; Liability Protection; and Schools Act) – which includes several NAFCU-supported items related to small business lending. The House previously passed its Phase 4 proposal – the HEROES Act – and NAFCU has continued to share its feedback on the bill with lawmakers.
NAFCU last week joined more than 140 other trade groups to urge the House to support bipartisan legislation that would ease the forgiveness process for smaller PPP loans. More on the association's advocacy to ensure credit union priorities are addressed.
On Wednesday, the Senate Banking Committee is set to vote on Kyle Hauptman's nomination to the NCUA Board. If approved, his nomination will then move to the full Senate. Hauptman previously testified before the committee and outlined his priorities for the board.
NAFCU's Virtual Regulatory Compliance School resumes tomorrow, with sessions on a number of key issues, including Regulation Z, as well as live question and answer sessions. The reimagined conference is designed to help compliance professionals build their comprehensive understanding of federal regulations that impact operations.
Of note, NAFCU’s complimentary virtual roadshow concluded last week but credit unions can view their state-specific event on-demand.
Additionally, NAFCU Services President Randy Salser Thursday will join Chief Economist and Head of the Mastercard Economics Institute Bricklin Dwyer for a webinar focusing on the latest economic insights and their implications for credit unions.
Also happening this week:
- in partnership with the Export-Import Bank of the United States (EXIM), a NAFCU webinar Wednesday will explore how credit unions can leverage EXIM's Working Capital Loan Guarantee to support small business member exporters; and
- Thursday, a NAFCU webinar will walk credit union professionals through the world of bankruptcy, including best practices and the most common landmines.
Share This
Related Resources
Add to Calendar 2024-06-26 14:00:00 2024-06-26 14:00:00 Gallagher Executive Compensation and Benefits Survey About the Webinar The webinar will share trends in executive pay increases, annual bonuses, and nonqualified benefit plans. Learn how to use the data charts as well as make this data actionable in order to improve your retention strategy. You’ll hear directly from the survey project manager on how to maximize the data points to gain a competitive edge in the market. Key findings on: Total compensation by asset size Nonqualified benefit plans Bonus targets and metrics Prerequisites Demographics Board expenses Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public
Gallagher Executive Compensation and Benefits Survey
preferred partner
Gallagher
Webinar
Add to Calendar 2024-06-21 09:00:00 2024-06-21 09:00:00 2024 Mid-Year Fraud Review Listen On: Key Takeaways: [01:16] Check fraud continues to be rampant across the country. Card fraud is affecting everyone. [04:31] Counterfeit US passport cards are just another new toolbox in the bad actors’ toolbox. [07:21] Blocking the fallback is the only way to defeat counterfeit cards. [11:17] The best way is constant education to your members in as many channels as you can. [13:02] We are still seeing overdraft lawsuits. Make sure the programming you have at your credit union matches what you have displayed for the members. Web NAFCU digital@nafcu.org America/New_York public
2024 Mid-Year Fraud Review
Strategy & Growth, Consumer Lending
preferred partner
Allied Solutions
Podcast
Add to Calendar 2024-06-21 09:00:00 2024-06-21 09:00:00 The Evolving Role of the CISO in Credit Unions Listen On: Key Takeaways: [01:30] Being able to properly implement risk management decisions, especially in the cyber age we live in, is incredibly important so CISOs have a lot of challenges here. [02:27] Having a leader who can really communicate cyber risks and understand how ready that institution is to deal with cyber events is incredibly important. [05:36] We need to be talking about risk openly. We need to be documenting and really understanding what remediating risk looks like and how you do that strategically. [16:38] Governance, risk, compliance, and adherence to regulatory controls are all being looked at much more closely. You are also seeing other technology that is coming into the fold directly responsible for helping CISOs navigate those waters. [18:28] The reaction from the governing bodies is directly related to the needs of the position. They’re trying to help make sure that we are positioned in a way that gets us the most possibility of success, maturing our postures and protecting the institutions. Web NAFCU digital@nafcu.org America/New_York public
The Evolving Role of the CISO in Credit Unions
preferred partner
DefenseStorm
Podcast
Get daily updates.
Subscribe to NAFCU today.