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In addition, NAFCU is calling on the bureau to exempt credit unions from many CFPB rules.
NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance.
We are thrilled to formally partner with CUNA Mutual Group to help credit unions protect their members and manage risk, said Dan Berger, Chair, NAFCU Services Corporation.
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions.
To change this, NAFCU will work with Washington lawmakers in the New Year to achieve comprehensive data and cybersecurity legislation that would:
An Innovation Award is the highest distinction offered to a NAFCU Services Preferred Partner.
The preferred partner will provide mortgage insurance and related services to more than 800 affiliated credit unions of NAFCU.
The challenged economy of the past few years has affected many credit union members, and credit unions are seeking new and more effective approaches to risk management to better meet the needs of both mainstream borrowers and the underserved," said David Frankil, President of NAFCU Services Corporation.
NAFCU said its Cybersecurity and Payments committee will also work with the Enterprise Ethereum Alliance to look for ways credit unions can get directly involved with the blockchain community.
From its founding, NAFCU has been a highly effective advocate for credit unions at the federal level.
M2 EQUITYBITES-March 1, 2016-PenFed recognizes NAFCU as a credit union advocate
NAFCU provides representation, information, education and assistance to meet the challenges that credit unions face in today's economic environment.