The NAFCU Journal July - August 2017 - 8

INSIDE NAFCU

Update: Member Business
Lending Suit Dismissed

T

his January, the U.S. District
Court for the Eastern District of
Virginia dismissed the lawsuit filed by the Independent
Community Bankers of America (ICBA)
against the NCUA over its member
business lending (MBL) rule. The ICBA
failed to enter any appeal by the March
27 deadline, so this suit is concluded.
Meanwhile, NAFCU continues to work
in support of legislation that would make
it possible for credit unions to lend more
to member small businesses.

In April, NAFCU supported legislation
to exempt certain residential loans from
credit unions' federal statutory cap on
member business lending. Titled the
Credit Union Residential Loan Parity Act
(S. 836), the measure was introduced by
Sen. Ron Wyden, D-Ore., with Sens. Lisa
Murkowski, R-Alaska, Elizabeth Warren,
D-Mass., and Ed Markey, D-Mass.,
signed on as original cosponsors.
NAFCU President and CEO Dan Berger
welcomed the bill and acknowledged

Index to Advertisers
Affinion Group
Phone: 615-764-2334
Fax: 615-764-5082
Website: www.affinion.com .............................................. 55
Allied Solutions
Phone: 800-826-9384
Website: www.alliedsolutions.net .................................. C2
Ascensus
Phone: 800-346-3860
Website: www.ascensus.com ......................................... 36
Axis
Website: www.axis.com .................................................... 15
BFB Gallagher
Phone: 877-332-2265
Website: www.bfbbenefit.com ........................................... 9

8

the four senators who introduced it. "If
enacted, this measure would create added
flexibility within this arbitrary cap so
credit unions may better meet the capital
needs of their member small businesses,"
he said.
S. 836 is similar to H.R. 389, introduced
in January by Reps. Ed Royce, R-Calif.,
Jared Huffman, D-Calif., Don Young,
R-Alaska, and Peter DeFazio, D-Ore.
Both bills propose "to amend the Federal
Credit Union Act to exclude a loan

CUNA Mutual Group
Phone: 800-356-2644
Website: www.cunamutual.com ........................... 5, 29, C4
Geezeo
Phone: 917-364-5678
Website: www.geezeo.com ............................................. 25
GlobalVision
Website: www.gv-systems.com ...................................... 49
Mastercard
Website: www.mastercard.us ......................................... C3
Money Concepts
Phone: 561-847-2115
Website: www.moneyconcepts.com .............................. 35

secured by a nonowner-occupied one- to
four-family dwelling from the definition of a member business loan, and for
other purposes." The Senate bill has been
referred to the Senate Banking Committee. The House bill has been referred to
the House Financial Services Committee.
Increasing credit unions' MBL authority is a top priority for the association.
Read more at www.nafcu.org/mbl.
Sources: www.nafcu.org; www.congress.gov

NAFCU
Phone: 800-336-4644
Fax: 703-522-2734
Website: www.nafcu.org .................................. 21, 27, 33, 51
Q2
Website: www.q2ebanking.com/onemission ................ 11
Securian
Phone: 859-361-2963
Website: www.vantiv.com/fi ............................................ 13
Vantiv
Phone: 763-442-4348
Website: www.securian.com ............................................. 7

THE NAFCU JOURNAL JULY-AUGUST 2017


http://www.nafcu.org/mbl http://www.nafcu.org http://www.congress.gov http://www.cunamutual.com http://www.nafcu.org http://www.affinion.com http://www.geezeo.com http://www.q2ebanking.com/onemission http://www.alliedsolutions.net http://www.gv-systems.com http://www.vantiv.com/fi http://www.ascensus.com http://www.mastercard.us http://www.securian.com http://www.axis.com http://www.moneyconcepts.com http://www.bfbbenefit.com

Table of Contents for the Digital Edition of The NAFCU Journal July - August 2017

Our First 50 Years
Events Calendar
From the Chair
Inside NAFCU
The Digital Download
How Secure Is Your Credit Union?
The Bank Secrecy Act
2017 Annual NAFCU Award Winners
2016 NAFCU Annual Report
Getting to Know …
Management Insight
Compliance Central
Inside NAFCU Services
From the President’s Desk
The NAFCU Journal July - August 2017 - Cover1
The NAFCU Journal July - August 2017 - Cover2
The NAFCU Journal July - August 2017 - 1
The NAFCU Journal July - August 2017 - Our First 50 Years
The NAFCU Journal July - August 2017 - Events Calendar
The NAFCU Journal July - August 2017 - From the Chair
The NAFCU Journal July - August 2017 - 5
The NAFCU Journal July - August 2017 - Inside NAFCU
The NAFCU Journal July - August 2017 - 7
The NAFCU Journal July - August 2017 - 8
The NAFCU Journal July - August 2017 - 9
The NAFCU Journal July - August 2017 - 10
The NAFCU Journal July - August 2017 - 11
The NAFCU Journal July - August 2017 - 12
The NAFCU Journal July - August 2017 - 13
The NAFCU Journal July - August 2017 - The Digital Download
The NAFCU Journal July - August 2017 - 15
The NAFCU Journal July - August 2017 - How Secure Is Your Credit Union?
The NAFCU Journal July - August 2017 - 17
The NAFCU Journal July - August 2017 - 18
The NAFCU Journal July - August 2017 - 19
The NAFCU Journal July - August 2017 - 20
The NAFCU Journal July - August 2017 - 21
The NAFCU Journal July - August 2017 - The Bank Secrecy Act
The NAFCU Journal July - August 2017 - 23
The NAFCU Journal July - August 2017 - 24
The NAFCU Journal July - August 2017 - 25
The NAFCU Journal July - August 2017 - 26
The NAFCU Journal July - August 2017 - 27
The NAFCU Journal July - August 2017 - 28
The NAFCU Journal July - August 2017 - 29
The NAFCU Journal July - August 2017 - 2017 Annual NAFCU Award Winners
The NAFCU Journal July - August 2017 - 31
The NAFCU Journal July - August 2017 - 32
The NAFCU Journal July - August 2017 - 33
The NAFCU Journal July - August 2017 - 34
The NAFCU Journal July - August 2017 - 35
The NAFCU Journal July - August 2017 - 36
The NAFCU Journal July - August 2017 - 2016 NAFCU Annual Report
The NAFCU Journal July - August 2017 - 38
The NAFCU Journal July - August 2017 - 39
The NAFCU Journal July - August 2017 - 40
The NAFCU Journal July - August 2017 - 41
The NAFCU Journal July - August 2017 - 42
The NAFCU Journal July - August 2017 - 43
The NAFCU Journal July - August 2017 - 44
The NAFCU Journal July - August 2017 - 45
The NAFCU Journal July - August 2017 - 46
The NAFCU Journal July - August 2017 - 47
The NAFCU Journal July - August 2017 - Getting to Know …
The NAFCU Journal July - August 2017 - 49
The NAFCU Journal July - August 2017 - Management Insight
The NAFCU Journal July - August 2017 - 51
The NAFCU Journal July - August 2017 - Compliance Central
The NAFCU Journal July - August 2017 - 53
The NAFCU Journal July - August 2017 - Inside NAFCU Services
The NAFCU Journal July - August 2017 - 55
The NAFCU Journal July - August 2017 - From the President’s Desk
The NAFCU Journal July - August 2017 - Cover3
The NAFCU Journal July - August 2017 - Cover4
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