The House Financial Services subcommittee’s work with the Financial Crimes Enforcement Network’s (FinCEN) customer due diligence (CDD) rule – with a mandatory compliance date of May 11 – is impacting the credit union industry, NAFCU told the agency last week.

NAFCU Executive Compensation & Benefits Survey – Initial 2011 Findings (Credit Union Conference Presentation) 1. 1 2011 NAFCU-BFB Survey of Federal Credit UnionExecutive Benefits and Compensation Presented by Jack E. Clark Clark & Chase Research, Inc. June 30, 2011 2.

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Purvis will stress the importance of ensuring that any housing finance reform plan preserves credit unions’ unfettered access to the secondary market, along with fair pricing conditions.

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recognizes the importance of keeping the current electronic debit card payments system. ensuring credit union access to the secondary market is one of NAFCU’s top legislative. Meeting Between Governor Stein and the National Association of Federal Credit Unions (NAFCU)

NAFCU witness Purvis stresses importance of credit unions’ access to secondary market in Senate Banking hearing – CUInsight. By Finley Home Loan News.. 2012 NAFCU-BFB Survey of Federal Credit Union Executive Benefits and Compensation (Credit Union Conference Presentation Slides) 1. 1 2012.

NAFCU witness Purvis stresses importance of credit unions’ access to secondary market in Senate Banking hearing – CUInsight Purvis will stress the importance of ensuring that any housing finance reform plan preserves credit unions ‘ unfettered access to the secondary market, along with fair pricing conditions.

It’s different because the role of credit unions is not the same as banks and thrifts, even if the tools used are similar. Credit unions are a way for members to organize, control, and direct resources and meet the needs for which for-profit firms do not offer solutions or offer solutions on terms not in the consumer’s best interest.

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Credit unions more than $10 Million in total assets must follow generally accepted accounting principles (GAAP), which requires the Call Report to be prepared in accordance with GAAP. If the credit union has a wholly owned or majority owned (over 50 percent) credit union service organization (CUSO) it must be consolidated for the call report.

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