Another year, another meeting. A reality of the credit union industry is that it is chockablock with conferences, conventions, and more, from CUNA’s sprawling annual Washington Governmental Affairs Conference in late February through the California-Nevada Leagues’shindig on the West Coast toward year end.
Trade counters ICBA claim that NAFCU and federal credit unions "stand with ICBA and community banks" on TAG extension.
Hope held out for packaging Transactional Account Guarantee extension with member business lending cap hike.
Rule limiting exemption level at 100 transactions a year still a concern.
ICBA exec calls NAFCU letter to senators supporting the package bill "obscene."
The NCUA Board voted at its Nov. 15 meeting to increase its fiscal year 2013 budget by 6.1% from that of fiscal year 2012. But it voted to leave other numbers associated with the budget, the overhead transfer rate and operating fee for federal credit unions, largely unchanged.
Trades pushing to package TAG with MBL cap hike to make it more passable.
NAFCU and CUNA both spoke out Thursday against the new annual budget approved earlier in the day by the NCUA Board.
NCUA, CUNA, NAFCU offices shuttered for the storm.
NAFCU president says he's disconcerted that $40 million of $170 million recovered from investment banks went to lawyers.