Fresh Today

Fresh Today

WASHINGTON—NAFCU President and CEO Dan Berger asked NCUA to support an overhead transfer rate (OTR) methodology that is based on fairness and accuracy in a letter sent before today’s open meeting where the agency board is expected to adopt a new methodology.

WASHINGTON—The House, by a vote of 237-189, passed a bill that would renew the National Flood Insurance Program (NFIP) for five years. The program faces a Dec. 8 deadline for renewal.

WASHINGTON—A number of regulatory relief bills that would help credit unions have been approved by the House Financial Services Committee this week, including the Mortgage Choice Act of 2017 (HR 1153).

LAS VEGAS—Most cybercrime employs social engineering, Jerry Beasley of TraceSecurity told attendees of the CUNA/National Association of State Credit Union Supervisors Bank Secrecy Act (BSA) Conference here.