The NAFCU Journal March - April 2018 - 48

FROM THE PRESIDENT'S DESK

NAFCU: Your Washington Watchdog
By B. Dan Berger, NAFCU President and CEO

N

AFCU is raising the bar in
2018, and that means we're
ramping up efforts to provide
more of what you need to
thrive and successfully serve your members. To that end, NAFCU is doubling
down on our advocacy focus - pushing
forward on key issues as we keep our
eyes and ears open for any challenges
ahead for the credit union industry.

In other words, credit unions' Washington watchdog is on the job, and we'll be
striving throughout the year to be the best
watchdog the industry could have.
From its beginnings, NAFCU has
focused on ensuring credit unions the
very best in advocacy at the federal
level. In recent years, and in response
to requests from credit unions themselves, we've taken steps to ensure any
federally-insured credit union the
ability to join this association.

This January, NAFCU unveiled a set of
top priorities that will guide our work
advocating for credit unions throughout 2018. In laying out these priorities
(www.nafcu.org/priorities), we emphasize an overarching goal to ensure a
healthy and appropriate environment
for credit unions. This includes:
creating a legislative and regulatory
environment that allows credit unions
to grow;
■■ seeking appropriate, tailored rules
for credit unions as well as legislative
and regulatory relief from growing burdens;
■■ ensuring a fair playing field -
through regulatory and legislative processes - so credit unions
have as many opportunities as
banks and nonregulated entities
to provide provident credit to the
nation's consumers;
■■ supporting transparency and independent oversight of all regulators,
including the Consumer Financial
Protection Bureau (CFPB), and the
opportunity for the public to provide
input; and
■■ maintaining a strong, independent
National Credit Union Administration
(NCUA) as the primary regulator for
credit unions.
■■

As your Washington watchdog, NAFCU
remains committed to ensuring the
preservation of credit unions' federal
corporate income tax exemption, our
top legislative priority. We will also
continue to seek field-of-membership
reforms and relief that allow credit
unions to reach more consumers
with more of the products and
services they need.
48

NAFCU will continue to seek passage
of national data security standards that
require merchants to safeguard data and
be accountable for breaches on their
end. We will also pursue appropriate
regulation for fintechs as we seek out
new, promising opportunities for technological advancement for the credit
union industry.
We will also continue to pursue capital
reforms that address real risk, future
refunds to credit unions from the merger
of the Temporary Corporate Credit
Union Stabilization Fund and National
Credit Union Share Insurance Fund
(NCUSIF), and a return to a 1.3 percent
normal operating level for the NCUSIF.
Housing finance reform that ensures
credit unions unfettered secondary
market access and fair pricing continues
as a key aim. And we will, among other
things, work continuously to ensure
preservation of the NCUA's role as the
primary regulator for our industry,
maintain the agency's three-member
board structure and ensure its continued
independence from the congressional
appropriations process.
Our priorities - which also include
pushing back on meritless lawsuits over
Americans With Disabilities Act website
compliance - will necessarily grow
and evolve over time. But one thing will
remain constant: our commitment to
ensuring the environment for you is one
that will allow your teams to thrive and
grow. We are your Washington watchdog,
and we are honored to serve you.
Connect with Dan Berger on Twitter
@BDanBerger and on his blog at
bergerleadershipblog.com.
THE NAFCU JOURNAL MARCH-APRIL 2018


http://www.nafcu.org/priorities http://www.twitter.com/bdanberger http://www.bergerleadershipblog.com

Table of Contents for the Digital Edition of The NAFCU Journal March - April 2018

Conferences
From the Chair
Your Washington Watchdog
Advocacy Snapshot
Washington and Industry Briefs
Growth Strategies
Understanding Risk and Managing It
The Board of Directors
Best-of-Class Strategies for Retaining Top Talent
Executive Spotlight
Management Insight
Compliance Central
Inside NAFCU Services
From the President’s Desk
The NAFCU Journal March - April 2018 - Cover1
The NAFCU Journal March - April 2018 - Cover2
The NAFCU Journal March - April 2018 - 1
The NAFCU Journal March - April 2018 - 2
The NAFCU Journal March - April 2018 - Conferences
The NAFCU Journal March - April 2018 - From the Chair
The NAFCU Journal March - April 2018 - 5
The NAFCU Journal March - April 2018 - Advocacy Snapshot
The NAFCU Journal March - April 2018 - 7
The NAFCU Journal March - April 2018 - Washington and Industry Briefs
The NAFCU Journal March - April 2018 - 9
The NAFCU Journal March - April 2018 - 10
The NAFCU Journal March - April 2018 - 11
The NAFCU Journal March - April 2018 - 12
The NAFCU Journal March - April 2018 - 13
The NAFCU Journal March - April 2018 - 14
The NAFCU Journal March - April 2018 - 15
The NAFCU Journal March - April 2018 - 16
The NAFCU Journal March - April 2018 - 17
The NAFCU Journal March - April 2018 - 18
The NAFCU Journal March - April 2018 - 19
The NAFCU Journal March - April 2018 - Growth Strategies
The NAFCU Journal March - April 2018 - 21
The NAFCU Journal March - April 2018 - Understanding Risk and Managing It
The NAFCU Journal March - April 2018 - 23
The NAFCU Journal March - April 2018 - 24
The NAFCU Journal March - April 2018 - 25
The NAFCU Journal March - April 2018 - The Board of Directors
The NAFCU Journal March - April 2018 - 27
The NAFCU Journal March - April 2018 - 28
The NAFCU Journal March - April 2018 - 29
The NAFCU Journal March - April 2018 - 30
The NAFCU Journal March - April 2018 - 31
The NAFCU Journal March - April 2018 - 32
The NAFCU Journal March - April 2018 - 33
The NAFCU Journal March - April 2018 - Best-of-Class Strategies for Retaining Top Talent
The NAFCU Journal March - April 2018 - 35
The NAFCU Journal March - April 2018 - 36
The NAFCU Journal March - April 2018 - 37
The NAFCU Journal March - April 2018 - 38
The NAFCU Journal March - April 2018 - 39
The NAFCU Journal March - April 2018 - Executive Spotlight
The NAFCU Journal March - April 2018 - 41
The NAFCU Journal March - April 2018 - Management Insight
The NAFCU Journal March - April 2018 - 43
The NAFCU Journal March - April 2018 - Compliance Central
The NAFCU Journal March - April 2018 - 45
The NAFCU Journal March - April 2018 - Inside NAFCU Services
The NAFCU Journal March - April 2018 - 47
The NAFCU Journal March - April 2018 - From the President’s Desk
The NAFCU Journal March - April 2018 - Cover3
The NAFCU Journal March - April 2018 - Cover4
http://www.nxtbook.com/ygsreprints/NAFCU/G105388_nafcu_mayjun2019
http://www.nxtbook.com/ygsreprints/NAFCU/G103030_nafcu_marapr2019
http://www.nxtbook.com/ygsreprints/NAFCU/G88665_nafcu_janfeb2019
http://www.nxtbook.com/ygsreprints/NAFCU/G100235_nafcu_novdec2018
http://www.nxtbook.com/ygsreprints/NAFCU/G98517_nafcu_septoct2018
http://www.nxtbook.com/ygsreprints/NAFCU/G96479_nafcu_julaug2018
http://www.nxtbook.com/ygsreprints/NAFCU/G93390_nafcu_mayjune2018
http://www.nxtbook.com/ygsreprints/NAFCU/G90161_nafcu_marapr2018
http://www.nxtbook.com/ygsreprints/NAFCU/G88665_nafcu_janfeb2018
http://www.nxtbook.com/ygsreprints/NAFCU/G83806_nafcu_novdec2017
http://www.nxtbook.com/ygsreprints/NAFCU/G80296_nafcu_septoct2017
http://www.nxtbook.com/ygsreprints/NAFCU/G79086_nafcu_julyaugust2017
http://www.nxtbook.com/ygsreprints/NAFCU/G75911_nafcu_mayjune2017
http://www.nxtbook.com/ygsreprints/NAFCU/G73247_nafcu_marapr2017
http://www.nxtbook.com/ygsreprints/NAFCU/G71923_nafcu_janfeb2017
http://www.nxtbook.com/ygsreprints/NAFCU/G69249_nafcu_novdec2016
http://www.nxtbook.com/ygsreprints/NAFCU/nafcu_septoct2016
http://www.nxtbook.com/ygsreprints/NAFCU/g63853_nafcu_julaug2016
http://www.nxtbook.com/ygsreprints/NAFCU/g61005_nafcu_mayjun2016
http://www.nxtbook.com/ygsreprints/NAFCU/g58935_nafcu_marapr2016
http://www.nxtbook.com/ygsreprints/NAFCU/g56716_nafcu_janfeb2016
http://www.nxtbook.com/ygsreprints/NAFCU/g55605_nafcu_novdec2015
http://www.nxtbook.com/ygsreprints/NAFCU/g53582_nafcu_sepoct2015
http://www.nxtbook.com/ygsreprints/NAFCU/g52154_nafcu_july2015
http://www.nxtbook.com/ygsreprints/NAFCU/g50302_nafcu_mayjune2015
http://www.nxtbook.com/ygsreprints/NAFCU/g48554_nafcu_marapr2015
http://www.nxtbook.com/ygsreprints/NAFCU/g47118_nafcu_janfeb15
http://www.nxtbook.com/ygsreprints/NAFCU/g45886_nafcu_novdec2014
http://www.nxtbook.com/ygsreprints/NAFCU/g44155_nafcu_sepoct2014
http://www.nxtbook.com/ygsreprints/NAFCU/g42892_nafcu_julyaug2014
http://www.nxtbook.com/ygsreprints/NAFCU/g41296_nafcu_mayjun2014
http://www.nxtbook.com/ygsreprints/NAFCU/g39799_nafcu_marapr2014
http://www.nxtbook.com/ygsreprints/NAFCU/g38961_nafcu_janfeb2014
http://www.nxtbook.com/ygsreprints/NAFCU/g38041_nafcu_novdec2013
http://www.nxtbook.com/ygsreprints/NAFCU/g36539_nafcu_sepoct2013
http://www.nxtbook.com/ygsreprints/NAFCU/g34910_nafcu_julaug2013
http://www.nxtbookMEDIA.com