Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page

9. Check if this filing amends a previously filed version of this report

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code BAN

16. Specific lobbying issues

The credit union tax exemption; Corporate tax reform; Tax reform efforts in conjunction with raising the federal debt limit; Ensuring timely consideration of raising the nations debt limit; Annual privacy disclosure notices required of financial institutions; The National Flood Insurance Program; Scheduled National Flood Insurance Program premium increases; Regulatory burden credit unions face; Changes to the Dodd-Frank Wall Street Reform and Consumer Protection Act [P.L. 111-203];
The Regulations from the Executive in Need of Scrutiny Act (H.R. 367);The Regulatory Flexibility Improvements Act of 2013 (H.R. 2542); Regulatory Accountability Act (H.R. 2122); The Regulatory Relief for Credit Unions Act (H.R. 2572); Establishing a risk-based capital system for credit unions; Allowing the National Credit Union Administration (NCUA) to grants a federal credit unions a waiver to follow a state rule; Authorizing the NCUA to step in where appropriate to modify or delay application of a Consumer Financial Protection Bureau (CFPB) rule affecting credit unions as long as the goal of the rule is still met; Requiring most robust cost-benefit analysis at the NCUA and CFPB; Requiring the NCUA to study the Central Liquidity Facility; Ways to give credit unions better control over their investment decisions and portfolio risk; Providing credit unions parity with FDIC-insured institutions when it comes to deposit insurance coverage on Interest on Lawyers Trust Accounts; Administrative Improvements for the Powers of the NCUA; Capital Reforms for Credit Unions; Structural Improvements for Credit Unions; Operational Improvements for Credit Unions; 21st Century Data Security Standards; Housing Finance Reform; Access to the secondary mortgage market for credit unions; Fair pricing for credit unions in housing finance reform; Protecting American Taxpayers and Homeowners Act of 2013 (H.R. 2767); The Housing Finance Reform and Taxpayer Protection Act (S. 1217); Eminent domain issues; Strategic default; Federal Housing Administration lock-out period with respect to strategic default; Federal Housing Finance Agencys securitization platform; Consumer Financial Protection Bureau (CFPB) mortgage rules; CFPB definition of points and fees under the ability-to-repay rule; CFPB proposal dictating debt-to-income ratio under the ability-to-repay rule; Financial Institutions Examination Fairness and Reform Act (H.R. 1553); Permitting insured depository institutions to treat a non-accrual loan as an accrual loan if the loan is current; Preserving attorney-client privilege for information provided to the FHFA; Mortgage Choice Act of 2013 (H.R. 3211); Consumer Mortgage Choice Act (H.R. 1077); Credit risk retention regulations; CFPB rule integrating disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) including requirement that borrowers receive final closing disclosures three days prior to consumption; Cyber Security; Data breaches; Subjecting merchants to same data security standards financial institutions face under the Gramm-Leach-Bliley Act (P.L.106-102.); Data Security and Breach Notification Act of 2013 (S.1193); Credit Union Small Business Jobs Creation Act (H.R. 688); Small Business Lending Enhancement Act of 2013 (S. 968); Privacy Notice Modernization Act of 2013 (S.635); Capital Access for Small Businesses and Jobs Act (H.R. 719); Eliminate Privacy Notice Confusion Act (H.R. 749); CFPB consumer data collection and uses; Defense Base Closure and Realignment Commission (BRAC); Servicemembers Civil Relief Act (SCRA); The Military Lending Act; To amend the Servicemembers Civil Relief Act to provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures, and for other purposes (HR 821); Fairness for Military Homeowners Act of 2013 (HR 1223); National Defense Authorization Act for Fiscal Year 2014 (S. 1034); National Defense Authorization Act for Fiscal Year 2014 (S.1197);Structural improvements to the CFPB; CFPB proposed changes to Regulation X Loss Mitigation; CFPB proposed changes to Regulation Z; CFPB proposed changes to Regulation B; The mortgage threshold aspect of the small creditor exemption from the CFPB ability-to-repay rule; CFPB regulation CC which implements the Expedited Funds Availability Act; Department of Defense advance notice of proposed rulemaking on whether the department should revise its regulations regarding consumer protections afforded to members of the armed forces and their dependents; The Financial Accounting Standards Boards (FASB) exposure draft proposing revisions to the 2010 proposed FASB accounting standards update, Leases; FASB and Private Company Councils (PCC) exposure draft proposing accounting alternative for the accounting for goodwill; FASB and PCCs exposure draft proposing amendments that would provide guidance on an accounting alternative for the recognition, measurement, and disclosure of identifiable intangible assets acquired in a business combination; Federal Reserves request for comments regarding certain forms for collecting data; Federal Trade Commissions notice for proposed rulemaking and request for public comment on the Telemarketing Sales Rule; The Electronics Payments Association (NACHA) to amend the NACHA operating rules to clarify ACH participants use of certain return reason codes; NCUAs request for comment on proposed interpretive ruling and policy statement 13-1 which establishes a Minority Depository Institutions Preservation Program; NCUAs proposed rule on exempt transactions from recently-issued appraisal requirements for higher-priced mortgage loans; NCUAs request for comment on the proposed amendments to its regulations regarding filing financial, statistical, and other reports electronically; Debit interchange fees; Credit interchange fees; The decisions by Federal Judge Richard Leon of the U.S. District Court for the District of Columbia in NACS , et al., v. Board of Governors to overturn the Federal Reserve Board of Governors rule limiting the fees that financial institutions can charge merchants for processing debit card transactions; Credit unions authority to engage in derivatives; NCUAs 2013 mid-year budget review as well as estimated assessments for the Temporary Corporate Credit Union Stabilization Fund; Regulatory capital reform; NCUA oversight over credit union service organizations; Implementing provisions of the Fair Credit Reporting Act; Credit union regulatory requirements related to appraisals; Member business loans and member business loan appraisals; NCUA accuracy advertising and notice of insured status; NCUA examinations; NCUA fair lending exams and supervisory scopes; NCUA rules relative to loan participations; NCUA rule relative to limitations of some credit unions to invest in fixed assets; NCUA consumer complaint process;
National Credit Union Share Insurance Fund (NCUSIF) ability to insure balances on stored value cards; FASB exposure draft prescribing the treatment of credit losses; overdraft programs.

17. House(s) of Congress and Federal agencies Check if None

Natl Credit Union Administration (NCUA), Small Business Adminstration (SBA), Defense - Dept of (DOD), Homeland Security - Dept of (DHS), Federal Reserve System, Treasury - Dept of, Federal Deposit Insurance Commission (FDIC), Securities & Exchange Commission (SEC), Housing & Urban Development - Dept of (HUD), Office of the Comptroller of the Currency (OCC), Government Accountability Office (GAO), White House Office, Federal Housing Finance Board (FHFB), Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Commodity Futures Trading Commission (CFTC), U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE

18. Name of each individual who acted as a lobbyist in this issue area

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code FIN

16. Specific lobbying issues

The credit union tax exemption; Corporate tax reform; Tax reform efforts in conjunction with raising the federal debt limit; Ensuring timely consideration of raising the nations debt limit; Annual privacy disclosure notices required of financial institutions; The National Flood Insurance Program; Scheduled National Flood Insurance Program premium increases; Regulatory burden credit unions face; Changes to the Dodd-Frank Wall Street Reform and Consumer Protection Act [P.L. 111-203];
The Regulations from the Executive in Need of Scrutiny Act (H.R. 367);The Regulatory Flexibility Improvements Act of 2013 (H.R. 2542); Regulatory Accountability Act (H.R. 2122); The Regulatory Relief for Credit Unions Act (H.R. 2572); Establishing a risk-based capital system for credit unions; Allowing the National Credit Union Administration (NCUA) to grants a federal credit unions a waiver to follow a state rule; Authorizing the NCUA to step in where appropriate to modify or delay application of a Consumer Financial Protection Bureau (CFPB) rule affecting credit unions as long as the goal of the rule is still met; Requiring most robust cost-benefit analysis at the NCUA and CFPB; Requiring the NCUA to study the Central Liquidity Facility; Ways to give credit unions better control over their investment decisions and portfolio risk; Providing credit unions parity with FDIC-insured institutions when it comes to deposit insurance coverage on Interest on Lawyers Trust Accounts; Administrative Improvements for the Powers of the NCUA; Capital Reforms for Credit Unions; Structural Improvements for Credit Unions; Operational Improvements for Credit Unions; 21st Century Data Security Standards; Housing Finance Reform; Access to the secondary mortgage market for credit unions; Fair pricing for credit unions in housing finance reform; Protecting American Taxpayers and Homeowners Act of 2013 (H.R. 2767); The Housing Finance Reform and Taxpayer Protection Act (S. 1217); Eminent domain issues; Strategic default; Federal Housing Administration lock-out period with respect to strategic default; Federal Housing Finance Agencys securitization platform; Consumer Financial Protection Bureau (CFPB) mortgage rules; CFPB definition of points and fees under the ability-to-repay rule; CFPB proposal dictating debt-to-income ratio under the ability-to-repay rule; Financial Institutions Examination Fairness and Reform Act (H.R. 1553); Permitting insured depository institutions to treat a non-accrual loan as an accrual loan if the loan is current; Preserving attorney-client privilege for information provided to the FHFA; Mortgage Choice Act of 2013 (H.R. 3211); Consumer Mortgage Choice Act (H.R. 1077); Credit risk retention regulations; CFPB rule integrating disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) including requirement that borrowers receive final closing disclosures three days prior to consumption; Cyber Security; Data breaches; Subjecting merchants to same data security standards financial institutions face under the Gramm-Leach-Bliley Act (P.L.106-102.); Data Security and Breach Notification Act of 2013 (S.1193); Credit Union Small Business Jobs Creation Act (H.R. 688); Small Business Lending Enhancement Act of 2013 (S. 968); Privacy Notice Modernization Act of 2013 (S.635); Capital Access for Small Businesses and Jobs Act (H.R. 719); Eliminate Privacy Notice Confusion Act (H.R. 749); CFPB consumer data collection and uses; Defense Base Closure and Realignment Commission (BRAC); Servicemembers Civil Relief Act (SCRA); The Military Lending Act; To amend the Servicemembers Civil Relief Act to provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures, and for other purposes (H.R. 821); Fairness for Military Homeowners Act of 2013 (HR 1223); National Defense Authorization Act for Fiscal Year 2014 (S. 1034); National Defense Authorization Act for Fiscal Year 2014 (S.1197);Structural improvements to the CFPB; CFPB proposed changes to Regulation X Loss Mitigation; CFPB proposed changes to Regulation Z; CFPB proposed changes to Regulation B; The mortgage threshold aspect of the small creditor exemption from the CFPB ability-to-repay rule; CFPB regulation CC which implements the Expedited Funds Availability Act; Department of Defense advance notice of proposed rulemaking on whether the department should revise its regulations regarding consumer protections afforded to members of the armed forces and their dependents; The Financial Accounting Standards Boards (FASB) exposure draft proposing revisions to the 2010 proposed FASB accounting standards update, Leases; FASB and Private Company Councils (PCC) exposure draft proposing accounting alternative for the accounting for goodwill; FASB and PCCs exposure draft proposing amendments that would provide guidance on an accounting alternative for the recognition, measurement, and disclosure of identifiable intangible assets acquired in a business combination; Federal Reserves request for comments regarding certain forms for collecting data; Federal Trade Commissions notice for proposed rulemaking and request for public comment on the Telemarketing Sales Rule; The Electronics Payments Association (NACHA) to amend the NACHA operating rules to clarify ACH participants use of certain return reason codes; NCUAs request for comment on proposed interpretive ruling and policy statement 13-1 which establishes a Minority Depository Institutions Preservation Program; NCUAs proposed rule on exempt transactions from recently-issued appraisal requirements for higher-priced mortgage loans; NCUAs request for comment on the proposed amendments to its regulations regarding filing financial, statistical, and other reports electronically; Debit interchange fees; Credit interchange fees; The decisions by Federal Judge Richard Leon of the U.S. District Court for the District of Columbia in NACS , et al., v. Board of Governors to overturn the Federal Reserve Board of Governors rule limiting the fees that financial institutions can charge merchants for processing debit card transactions; Credit unions authority to engage in derivatives; NCUAs 2013 mid-year budget review as well as estimated assessments for the Temporary Corporate Credit Union Stabilization Fund; Regulatory capital reform; NCUA oversight over credit union service organizations; Implementing provisions of the Fair Credit Reporting Act; Credit union regulatory requirements related to appraisals; Member business loans and member business loan appraisals; NCUA accuracy advertising and notice of insured status; NCUA examinations; NCUA fair lending exams and supervisory scopes; NCUA rules relative to loan participations; NCUA rule relative to limitations of some credit unions to invest in fixed assets; NCUA consumer complaint process;
National Credit Union Share Insurance Fund (NCUSIF) ability to insure balances on stored value cards; FASB exposure draft prescribing the treatment of credit losses; overdraft programs.

17. House(s) of Congress and Federal agencies Check if None

Natl Credit Union Administration (NCUA), Small Business Adminstration (SBA), Defense - Dept of (DOD), Federal Reserve System, Treasury - Dept of, Federal Deposit Insurance Commission (FDIC), Securities & Exchange Commission (SEC), Housing & Urban Development - Dept of (HUD), Office of the Comptroller of the Currency (OCC), Government Accountability Office (GAO), White House Office, Federal Housing Finance Board (FHFB), Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Commodity Futures Trading Commission (CFTC), U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Homeland Security - Dept of (DHS)

18. Name of each individual who acted as a lobbyist in this issue area

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.

15. General issue area code TAX

16. Specific lobbying issues

The credit union tax exmeption; corporate tax reform; tax reform efforts in conjunction with raising the federal debt limit; sequestration; House Ways and Means, and Senate Finance working groups on tax reform.

17. House(s) of Congress and Federal agencies Check if None

Internal Revenue Service (IRS), Natl Credit Union Administration (NCUA), Treasury - Dept of, White House Office, U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Trade Commission (FTC), Federal Reserve System

18. Name of each individual who acted as a lobbyist in this issue area

19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None

​

Information Update Page - Complete ONLY where registration information has changed.

20. Client new address

21. Client new principal place of business (if different than line 20)

22. New General description of client’s business or activities

LOBBYIST UPDATE

23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client

ISSUE UPDATE

24. General lobbying issue that no longer pertains

AFFILIATED ORGANIZATIONS

25. Add the following affiliated organization(s)

Internet Address: http://www.nafcu.org/sept2013board/

26. Name of each previously reported organization that is no longer affiliated with the registrant or client

FOREIGN ENTITIES

27. Add the following foreign entities:

28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization