NAFCU Shares Its New Year's Resolutions
Championing the preservation of the federal tax exemption for all credit unions topped the list of 2011 priorities NAFCU disseminated on Wednesday.
The association said it will also press for more business lending authority for FCUs and modernized capital standards that preserve mutuality. Additionally, it intends to ensure that legislative efforts at the new Consumer Financial Protection Bureau do not impose additional regulatory burdens on the CU industry.
Other priorities include advocating for lessening the impact of corporate assessments and monitoring changes to the corporate system.