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NAFCU Board to meet with CFPB and Federal Reserve

WASHINGTON, DC (November 23, 2016) — The National Association of Federal Credit Unions (NAFCU) Board of Directors is scheduled to meet next week with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and Federal Reserve Board Governor Lael Brainard to discuss vital credit union issues.

The meeting schedule is as follows:

Monday, Nov. 28 at 4:00p.m.:

NAFCU will meet with CFPB Director Richard Cordray to discuss important issues under the CFPB’s authority that impact the credit union industry.

Tuesday, Nov. 29 at 10:00a.m.: 

NAFCU will meet with Federal Reserve Governor Lael Brainard to present findings of the 2016 NAFCU Report on Credit Unions.

The information gathered in the 2016 NAFCU Report on Credit Unions is based on the association’s Federal Reserve Meeting Survey, an annual assessment of NAFCU members covering topics discussed in the report. It also uses information from NAFCU’s Economic & CU MonitorCU Industry Trends Report and the association’s 2014 study, “Economic Benefits of the Credit Union Tax Exemption to Consumers, Businesses and the U.S. Economy.” The 2016 NAFCU Report on Credit Unions will be available at www.nafcu.org on Nov. 29.


About NAFCU

The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.

Contacts

Molly Safreed, msafreed@nafcu.org (NAFCU)

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