Back to school! S.2155 amendments to private student loans
Greetings Compliance Friends! School is back in full swing up here in the nation’s capital, and unfortunately so is morning rush hour. While the NAFCU compliance team can’t ...
The latest from John Pettit
Helping Hispanic students pursue STEM careers
According to the U.S. Department of Commerce, employment opportunities in science, technology, engineering and math (STEM) are booming, with 24.4 percent growth over the last decade. Yet, not ...
Compliance: NCUA answers S. 2155 frequently asked questions
NCUA’s latest issue of The NCUA Report contains a list of frequently asked questions regarding the impact of the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). ...
This week: NAFCU monitoring Senate action on nominees, FASB meeting for CECL details
The Senate remains in Washington again this week as the House wraps up its final week of August recess. Senators are expected to vote on a number of nominations, including ...
Branch staff take center stage amid transformations
For many financial institutions, the teller line is no longer a line and a teller is no longer a teller. Technology, consumer preferences, and design changes have altered the way ...
Big percentage of this portfolio going away?
What are credit unions going to do if they lose 40% of their auto lending portfolio? It’s a difficult question to answer, and unfathomable to many. But is also ...
Finally! The annual privacy notice exception goes final
If a comet or other projectile were to destroy the planet Saturn, it would take 767 days for gravity to pull its remains into the sun. Coincidentally, that is also ...
Hurricane Preparedness: Is your credit union ready?
Many threats face credit unions, but the forces of nature represent a growing yearly risk. How can you prepare for a hurricane? And how can you test your plans to ...