NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS (FKA NAT'L ASSN OF FEDERAL CREDIT UNIONS) for NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS
What was lobbied
3 issue areas, each in the filer's own words, with who lobbied on it and where.
Banking BAN
Preserving the credit union tax exemption; Repeal of the Durbin Amendment on debit interchange; Regulatory relief for credit unions and other community financial institutions; Exempting credit unions from the CFPB; CFPB should make greater use of its exemption authority granted by section 1022 of the Dodd-Frank Act; Reforms to the structure of the CFPB and its powers; data and cyber security - create a national data security standard for retailers and others in the payments ecosystem not covered by the Gramm-Leach-Bliley Act; Housing Finance Reform - any reforms should ensure that credit unions have unfettered access to the secondary mortgage market based on loan quality rather than quantity; Member Business Lending - raise the arbitrary cap, exempt loans to veterans from the definition of MBL, and exclude non-owner occupied, 1-4-family dwellings from the calculation of the cap on credit union member business loans (H.R. 389 and S. 836); field of membership improvements for credit unions; reforms to credit union capital requirements, including creating a true risk-based capital system and allowing credit unions access to supplemental capital; alternative capital for credit unions; H.R. 1244 - the Capital Access for Small Businesses and Jobs Act; regulation of FinTech companies; E-SIGN; Truth in Lending Act/Real Estate Settlement Procedures Act (TILA/RESPA); TILA/RESPA Integrated Disclosure Rule (TRID); Bank Secrecy Act; Anti-Money Laundering requirements; underwriting standards for loans; state usury laws; TCPA Reform - do not hinder credit unions their ability to contact members; Patent Reform - provide relief from practices of patent trolls; NFIP - flood insurance reauthorization and ensure that any changes do not negatively impact credit unions; The REINS Act (H.R. 26); Improve small business input on federal regulations; Regulatory Flexibility Act; Improvements to SBREFA panels; Improve or require agency regulatory guidance; the Financial CHOICE Act; requiring cost-benefit analysis; Community Financial Institution Exemption Act; Financial Services for the Underserved Act; NCUA's MBL rule for credit unions; Senior$afe Act (S. 223); Stop scams on Seniors; H.R. 916 - do not use g-fees for any purpose other than risk mitigation; the importance of CDFIs to credit unions; do not cut funding for CDFI program; Raise thresholds in Dodd-Frank; Consumer Financial Protection Safety and Soundness Improvement Act; Greater pre-emption authority for the NCUA; Portfolio Lending and Mortgage Access Act; H.R. 1153 - points and fees; Preserving Access to Manufactured Housing Act; Regulatory Relief for Small Businesses; EMV chip technology is what makes the new cards more secure - PIN is a distraction from the real issue that is data security; party responsible for breached data should be liable for costs associated with breach; the TAILOR Act; operational improvements for credit unions; Subjects CFPB to Congressional appropriations process; Examination reform; Financial Institutions Examination Fairness and Reform Act; the FSOC Transparency and Accountability Act; Small Business Administration SBA business loan programs including but not limited to 7(a), 504, express and patriot; Regulatory Accountability Act; Financial Institution Customer Protection Act - ending Operation Choke Point; use the appropriations process for regulatory relief; Loans in Areas Having Special Flood Hazards - Private Flood Insurance (RIN 3133-AE64); Future of the Payments system; Federal Reserve's role in developing an improved payments system; Regulation D; Regulation CC; Military Lending Act; Protect responsible overdraft services; CECL and its implementation; National Credit Union Share Insurance Fund (NCUSIF) Premium and issues related to the National Credit Union Share Insurance Funds Equity Ratio; protecting the NCUSIF; Federal Credit Union Loan Interest Rate Ceiling; Asset Securitization (RIN 3133-AE29); Freedom of Information Act; Federal Government Participation in the Automated Clearing House FISCAL-2016-0001; Consumer Access to Financial Records Docket No. CFPB-2016-0048; Executive Order on Core Principles for Regulating the US Financial System; FSOC Review Authority; UDAAP; debt collection practices; Qualified Mortgages; Ability to Repay; Mortgage Servicing and Mortgage Servicing Assets; CFPB's Consumer Complaint Database; Home Mortgage Disclosure Act (HMDA) Requirements; Payday Lending; small dollar loans (PALs); Prevent arbitration restrictions; TCPA - In the Matter of Rules and Regulations Implementing the Telephone Consumer Protection Act (TCPA), CG Docket No. 02-278 and CG Docket No. 05-338; TCPA lawsuit abuse; CDFI certification - eliminate redundant required documentation and lessen reporting burden; concerns regarding the entrance of Fannie and Freddie into the chattel loan market; DOL's Fiduciary Duty Rule, Conflict of Interest Rule - Retirement Investment (RIN 1210-AB79); DOD should exercise its authority to extend the MLA credit card exemption; Credit Union Small Business Lending Act - exclude SBA loans from the definition of "member business loans"; Issuing, improving, and adhering to guidance or published "best practices" at the SBA; streamline approval process for SBA loans; improve the user friendliness of the SBA One software; temporarily increase the guarantee on SBA loans; make it easier for credit unions to participate in SBA loan programs; provide more services to help credit unions form; streamline and shorten the application process including approval process for services allowed, and improve communication during the chartering process; NCUA should do more to provide structure and flexibility for the unique challenges that new credit unions face; NCUA and its examiners should establish timetables for responses at various stages of the chartering process and have some limited authority to provide flexibility on a case-by-case basis with new credit unions, such as additional time to build capital requirements or meet certain requirements; Congress should work to allow more flexibility in the Federal Credit Union Act when it comes to prompt corrective action capital requirements for de novo credit unions; field-of-membership (FOM) restrictions should be more accommodating for new credit unions; NCUA should ensure its examiners who are in the field and working with new credit unions, are carrying out the mission of OSCUI, have the ability and flexibility to work with new credit unions, and have the experience to understand business plans adopted by new credit unions; NCUA should take steps to ensure that there are not disconnects between headquarters and regional offices, and assign a specific contact at NCUA for the de novo credit union during the chartering process; modernize outdated governance provisions in the Federal Credit Union Act and its rules and regulations, and taking steps to reform its standard credit union bylaws; examiner consistency; Financial Crimes Enforcement Network's (FinCEN) proposed update and revisions to the collection of Suspicious Activities Reports (SARs) required under the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules; combat financial crimes; CFPB's rule governing Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z); Section 1071 of the Dodd Frank Act; open- and close-ended loans; Home Equity Lines of Credit (HELOCs); CFPB's remittance transfer rule; call report modernization; Equal Credit Opportunity Act (ECOA) and it's implementing, Regulation B; Alternative Data and Modeling Techniques in the Credit Process; do not bifurcate the credit union industry with arbitrary thresholds; Credit Card Accountability Responsibility and Disclosure Act (CARD Act); Allowable Charges and Fees Assessed Incident to VA-Guaranteed Home Loans; H.R. 1958 and S. 838, the Protecting Americans from Credit Entanglements Act; Property Assessed Clean Energy (PACE) loans; Overhead Transfer Rate; NCUA Budget Transparency; independent appeals process for credit unions; Credit Risk Transfer; Chattel Loans/duty to serve; H.R. 2133 and S. 1002, the Community Lending Enhancement and Regulatory Relief Act; Hold regulators accountable for cost and compliance burden estimates; NCUA exemption authority over CFPB rules as they relate to credit unions; regulatory coordination.
| Lobbyist | Covered position, as disclosed |
|---|---|
| CHARLES PURCELL ADAMS | — |
| B DAN BERGER | — |
| MEGHAN ROSE BRADY | — |
| MICHAEL EMANCIPATOR | — |
| ALLYSON BROWNING GALE | Employee of U.S. Representative Ted Poe |
| CARRIE HUNT | — |
| ALEXANDER MONTERRUBIO | — |
| ANDREW MORRIS | — |
| DAN O'BRIEN | — |
| GAURAV PRADEEP PARIKH | — |
| ANN CHRISTINE PETROS | — |
| MATT SCHWARTZ | — |
| BRAD THALER | — |
| PAMELA YU | — |
Financial Institutions/Investments/Securities FIN
Preserving the credit union tax exemption; Repeal of the Durbin Amendment on debit interchange; Regulatory relief for credit unions and other community financial institutions; Exempting credit unions from the CFPB; CFPB should make greater use of its exemption authority granted by section 1022 of the Dodd-Frank Act; Reforms to the structure of the CFPB and its powers; data and cyber security - create a national data security standard for retailers and others in the payments ecosystem not covered by the Gramm-Leach-Bliley Act; Housing Finance Reform - any reforms should ensure that credit unions have unfettered access to the secondary mortgage market based on loan quality rather than quantity; Member Business Lending - raise the arbitrary cap, exempt loans to veterans from the definition of MBL, and exclude non-owner occupied, 1-4-family dwellings from the calculation of the cap on credit union member business loans (H.R. 389 and S. 836); field of membership improvements for credit unions; reforms to credit union capital requirements, including creating a true risk-based capital system and allowing credit unions access to supplemental capital; alternative capital for credit unions; H.R. 1244 - the Capital Access for Small Businesses and Jobs Act; regulation of FinTech companies; E-SIGN; Truth in Lending Act/Real Estate Settlement Procedures Act (TILA/RESPA); TILA/RESPA Integrated Disclosure Rule (TRID); Bank Secrecy Act; Anti-Money Laundering requirements; underwriting standards for loans; state usury laws; TCPA Reform - do not hinder credit unions their ability to contact members; Patent Reform - provide relief from practices of patent trolls; NFIP - flood insurance reauthorization and ensure that any changes do not negatively impact credit unions; The REINS Act (H.R. 26); Improve small business input on federal regulations; Regulatory Flexibility Act; Improvements to SBREFA panels; Improve or require agency regulatory guidance; the Financial CHOICE Act; requiring cost-benefit analysis; Community Financial Institution Exemption Act; Financial Services for the Underserved Act; NCUA's MBL rule for credit unions; Senior$afe Act (S. 223); Stop scams on Seniors; H.R. 916 - do not use g-fees for any purpose other than risk mitigation; the importance of CDFIs to credit unions; do not cut funding for CDFI program; Raise thresholds in Dodd-Frank; Consumer Financial Protection Safety and Soundness Improvement Act; Greater pre-emption authority for the NCUA; Portfolio Lending and Mortgage Access Act; H.R. 1153 - points and fees; Preserving Access to Manufactured Housing Act; Regulatory Relief for Small Businesses; EMV chip technology is what makes the new cards more secure - PIN is a distraction from the real issue that is data security; party responsible for breached data should be liable for costs associated with breach; the TAILOR Act; operational improvements for credit unions; Subjects CFPB to Congressional appropriations process; Examination reform; Financial Institutions Examination Fairness and Reform Act; the FSOC Transparency and Accountability Act; Small Business Administration SBA business loan programs including but not limited to 7(a), 504, express and patriot; Regulatory Accountability Act; Financial Institution Customer Protection Act - ending Operation Choke Point; use the appropriations process for regulatory relief; Loans in Areas Having Special Flood Hazards - Private Flood Insurance (RIN 3133-AE64); Future of the Payments system; Federal Reserve's role in developing an improved payments system; Regulation D; Regulation CC; Military Lending Act; Protect responsible overdraft services; CECL and its implementation; National Credit Union Share Insurance Fund (NCUSIF) Premium and issues related to the National Credit Union Share Insurance Funds Equity Ratio; protecting the NCUSIF; Federal Credit Union Loan Interest Rate Ceiling; Asset Securitization (RIN 3133-AE29); Freedom of Information Act; Federal Government Participation in the Automated Clearing House FISCAL-2016-0001; Consumer Access to Financial Records Docket No. CFPB-2016-0048; Executive Order on Core Principles for Regulating the US Financial System; FSOC Review Authority; UDAAP; debt collection practices; Qualified Mortgages; Ability to Repay; Mortgage Servicing and Mortgage Servicing Assets; CFPB's Consumer Complaint Database; Home Mortgage Disclosure Act (HMDA) Requirements; Payday Lending; small dollar loans (PALs); Prevent arbitration restrictions; TCPA - In the Matter of Rules and Regulations Implementing the Telephone Consumer Protection Act (TCPA), CG Docket No. 02-278 and CG Docket No. 05-338; TCPA lawsuit abuse; CDFI certification - eliminate redundant required documentation and lessen reporting burden; concerns regarding the entrance of Fannie and Freddie into the chattel loan market; DOL's Fiduciary Duty Rule, Conflict of Interest Rule - Retirement Investment (RIN 1210-AB79); DOD should exercise its authority to extend the MLA credit card exemption; Credit Union Small Business Lending Act - exclude SBA loans from the definition of "member business loans"; Issuing, improving, and adhering to guidance or published "best practices" at the SBA; streamline approval process for SBA loans; improve the user friendliness of the SBA One software; temporarily increase the guarantee on SBA loans; make it easier for credit unions to participate in SBA loan programs; provide more services to help credit unions form; streamline and shorten the application process including approval process for services allowed, and improve communication during the chartering process; NCUA should do more to provide structure and flexibility for the unique challenges that new credit unions face; NCUA and its examiners should establish timetables for responses at various stages of the chartering process and have some limited authority to provide flexibility on a case-by-case basis with new credit unions, such as additional time to build capital requirements or meet certain requirements; Congress should work to allow more flexibility in the Federal Credit Union Act when it comes to prompt corrective action capital requirements for de novo credit unions; field-of-membership (FOM) restrictions should be more accommodating for new credit unions; NCUA should ensure its examiners who are in the field and working with new credit unions, are carrying out the mission of OSCUI, have the ability and flexibility to work with new credit unions, and have the experience to understand business plans adopted by new credit unions; NCUA should take steps to ensure that there are not disconnects between headquarters and regional offices, and assign a specific contact at NCUA for the de novo credit union during the chartering process; modernize outdated governance provisions in the Federal Credit Union Act and its rules and regulations, and taking steps to reform its standard credit union bylaws; examiner consistency; Financial Crimes Enforcement Network's (FinCEN) proposed update and revisions to the collection of Suspicious Activities Reports (SARs) required under the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) rules; combat financial crimes; CFPB's rule governing Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z); Section 1071 of the Dodd Frank Act; open- and close-ended loans; Home Equity Lines of Credit (HELOCs); CFPB's remittance transfer rule; call report modernization; Equal Credit Opportunity Act (ECOA) and it's implementing, Regulation B; Alternative Data and Modeling Techniques in the Credit Process; do not bifurcate the credit union industry with arbitrary thresholds; Credit Card Accountability Responsibility and Disclosure Act (CARD Act); Allowable Charges and Fees Assessed Incident to VA-Guaranteed Home Loans; H.R. 1958 and S. 838, the Protecting Americans from Credit Entanglements Act; Property Assessed Clean Energy (PACE) loans; Overhead Transfer Rate; NCUA Budget Transparency; independent appeals process for credit unions; Credit Risk Transfer; Chattel Loans/duty to serve; H.R. 2133 and S. 1002, the Community Lending Enhancement and Regulatory Relief Act; Hold regulators accountable for cost and compliance burden estimates; NCUA exemption authority over CFPB rules as they relate to credit unions; regulatory coordination.
| Lobbyist | Covered position, as disclosed |
|---|---|
| CHARLES PURCELL ADAMS | — |
| B DAN BERGER | — |
| MEGHAN ROSE BRADY | — |
| MICHAEL EMANCIPATOR | — |
| ALLYSON BROWNING GALE | Employee of U.S. Representative Ted Poe |
| CARRIE HUNT | — |
| ALEXANDER MONTERRUBIO | — |
| ANDREW MORRIS | — |
| DAN O'BRIEN | — |
| GAURAV PRADEEP PARIKH | — |
| ANN CHRISTINE PETROS | — |
| MATT SCHWARTZ | — |
| BRAD THALER | — |
| PAMELA YU | — |
Taxation/Internal Revenue Code TAX
Protect the credit union tax exemption
| Lobbyist | Covered position, as disclosed |
|---|---|
| CHARLES PURCELL ADAMS | — |
| B DAN BERGER | — |
| MEGHAN ROSE BRADY | — |
| MICHAEL EMANCIPATOR | — |
| ALLYSON BROWNING GALE | Employee of U.S. Representative Ted Poe |
| CARRIE HUNT | — |
| ALEXANDER MONTERRUBIO | — |
| ANDREW MORRIS | — |
| DAN O'BRIEN | — |
| GAURAV PRADEEP PARIKH | — |
| ANN CHRISTINE PETROS | — |
| MATT SCHWARTZ | — |
| BRAD THALER | — |
| PAMELA YU | — |
Affiliated organisations
| Organisation | Location |
|---|---|
| NAFCU BOARD OF DIRECTORS | Arlington, VA, US |
Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.