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

Protect the credit union tax exemption; S. 151, the TRACED Act - modernize the Telephone Consumer Protection Act to combat illegal robocalls, while also protecting credit unions ability to freely make legitimate communications with their members - reforms should clarify the intent requirement for a TCPA violation to prevent good-faith communications by legitimate callers from being swept into the provisions of the bill - reforms should require voice service providers to consult with call originators as they implement the STIR/SHAKEN call authentication framework - require FCC to promulgate rules for the safe harbor available to voice service providers that establish a process to give notice to legitimate callers prior to their calls being blocked and, subsequently, correct any unintended blocking; establish a broad definition of automatic telephone dialing system or autodialer under the TCPA that only includes equipment that uses a random or sequential number generator to store or produce numbers and dial those numbers without human intervention - conduct reforms to help credit unions contact their members with important account information - permit callers to establish a reasonable opt-out method for revoking their consent to be contacted - remove language that goes beyond the scope of addressing the illegal actors who make abusive automated calls and in essence harms businesses and consumers by impeding legitimate calls that consumers actually need or want, HR 946 - support creating reassigned numbers database using existing numbering databases, (CG Docket No. 17-59) - provide a comprehensive safe harbor from TCPA liability for callers who use the database regularly but make a call to a reassigned number due to database errors - urge FCC to seek public comment on draft Declaratory Ruling, Advanced Methods to Target and Eliminate Unlawful Robocalls, (CG Docket No. 17-59, WC Docket No. 17-97); financial literacy - Support HR 275 and the goals and ideals of financial literacy month; Department of Defense - oppose an amendment to provide banks with rent-free leases on military bases under the John S. McCain National Defense Authorization Act - exempt loans to veteran-owned businesses from the credit union member business lending cap, HR 2305; Postal Banking - the United States Postal Service should not provide banking services which will be beyond its core competencies, will raise a number of serious regulatory and consumer protection questions, and will present significant competitive issues for private sector entities; Banking regulation and supervision - support the use of formal rulemaking versus informal guidance - agencies should clarify how guidance is treated, as inconsistencies can lead to compliance confusion; ensure that examiners treat regulations and guidance consistently - improve the examination process for financial institutions by passing the Financial Institutions Examination Fairness and Reform Act; housing finance reform - ensure that credit unions maintain unfettered access to the secondary mortgage market and fair pricing based on loan quality - explicit government guarantee - GSEs should be self-funded - FHFA should have board of advisors - GSEs should be allowed to rebuild capital buffers - GSEs should not be privatized at this time; Supervisory Committee Audits and Verifications (RIN 3133-AE91) - NCUA should remove the report on examination of internal controls over call reporting alternative audit option - remove the 120-day language in engagement letters to outside, compensated auditors regarding the required written report - support Appendix A to Part 715 alternative audit option - do not include other areas of review in Appendix A - retain Supervisory Committee Guide; Request for Information Regarding Consumer Credit Card Market (Docket No. CFPB-2019-0002) - encourage effective credit card disclosure use, including flexibility to provide required disclosures via mobile banking platforms - support providing fair and transparent credit products and services - support changes to regulations carrying out the Credit Card Accountability Responsibility and Disclosure Act of 2009 as the consumer credit card market evolves - support reporting on the credit card market to ensure practices align with CARD Act - support effective, simple and user friendly credit card disclosures - support allocating resources from Office of Cost-Benefit Analysis toward innovation; data security - create a national standard for data security for any entity that collects sensitive personal financial information similar to the Gramm-Leach-Bliley Act for financial institutions while not adding burdens to entities already regulated under this Act - payment of costs associated with a breach by breached entity - require data security policy disclosure - notify account servicer in case of a breach - require disclosure of breached entity - enforce prohibitions on data retention; Agency transparency; government accountability; create a 5 member commission at the CFPB; push for additional NCUSIF distributions - obtain full refunds of stabilization assessments; exempt credit unions from CFPB authority; oppose the Green Amendment (#29) to H.R. 1500 which would reinstate the CFPBs rule on arbitration agreements which Congress voted to disapprove in 2017; level playing field through smart regulation and consumer protections where financial institutions and fintech companies compete; Property Assessed Clean Energy Loans - support imposing ability-to-repay underwriting requirements for PACE loans - support imposing civil liability on violators of the ATR requirements under section 130 of the Truth In Lending Act - support adopting Truth In Lending - RESPA disclosures for PACE loans; Payday, Vehicle Title, and Certain High-Cost Installment Loans (RIN 3170-AA80) - support rescission of mandatory ability-to-repay (ATR) underwriting requirements - support for delay of compliance date, RIN3170-AA95 - because it would allow the Bureau ample time to review compliance obstacles not originally anticipated in the final Payday Rule, including additional Payday Alternative Loan (PAL) programs for credit unions - recommend expanding the Payday Rules safe harbor exemption to encompass all future iterations of PALs finalized by the NCUA - Revised Rule must exclude all future PALs programs; Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees, (RIN 1235-AA20) - supports the Department of Labors (DOL) proposed adjustments to overtime exemption rules under the Fair Labor Standards Act (FLSA) - urge DOL to consider additional options and guidance to reduce burdens for smaller credit unions - support regulatory flexibility for certain bonuses, incentive payments, and commissions - urge DOL to commit to a future formal assessment of the four-year review of the salary levels, in lieu of automatic reviews or increases; Ginnie Mae, Request for Input on Pooling Eligibility Changes - recommend that Ginnie Mae first allow the VA to complete its own evaluation of VA cash-out refinances, then closely evaluate other changes before removing cash out refinance loans made through the U.S. Department of Veterans Affairs from the Ginnie Mae II Multi-Issuer Program (GIIMIP) - Before excluding VA cash-out refinances, Ginnie Mae should complete further review to determine whether there is more than a correlation between the propensity to rapidly prepay VA loans and the different LTV requirements in the VA program compared to those of the Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac - support a de minimis standard restricting inclusion of cash-out refinances for VA loans in the GII MIP; NCUA should follow other financial regulators and reduce their budget; oppose efforts to bring the NCUA under congressional appropriations; FHFA or its successor should continue strong oversight of GSEs and any new system; expand field of membership flexibility to help credit unions grow; capital and risk-based capital reforms to preserve safety and soundness of the credit union industry; modernize the NCUA examination process; oppose NCUA third party vendor authority; support member business lending reforms and relief from maturity limits, HR1661; protect credit unions from frivolous ADA website litigation; create clear guidance for unfair, deceptive, or abusive acts and practices (UDAAP); repeal the Durbin Amendment and remove interchange price fixing; oppose Community Reinvestment Act coverage for credit unions; expand exemption from CFPBs payday lending rule for payday alternative loans (PAL); advocate for variable interest rates; Federal Credit Union Bylaws (RIN 3133-AE86) - support updates to the bylaw amendment process, member meeting and election processes, and amend the bylaws to expedite the process for expelling a member who is abusive, or conducting an illegal act; supports a strong independent NCUA; Consideration of the Financial Services and General Government Appropriations Bill - supports the language in the draft bill to keep funding for the NCUA's Community Development Revolving Loan Fund (CDRLF) at a level of $2 million and to fund the Community Development Financial Institutions (CDFI) Fund at a level of $300 million; NCUA should maintain the current regulation requiring annual review by a federal credit union (FCU) board of directors (Board), and not require supervisory committee review. NCUA should conduct an impact study on the proposed bond contract requirement to ensure that it does not adversely affect FCUs. NCUA should provide clarification on the process for reapplying for bond form approval upon the expiration of the ten-year term; end the government shutdown; ensure that credit unions continue to be able to participate in the Federal Home Loan Banks (FHLB) AMA programs, particularly in the new small member participation housing goal. Supports the overall simplification of the housing goals regulation, and additional flexibility granted to the FHLBs and the phase-in period that the FHFA has provided in the proposal. Ensure that the changes do not reduce the FHLBs ability to purchase mortgages. FHFA should set initial housing goal targets so that all FHLBs are in compliance from the start, and then incrementally increase the targets as appropriate. FHFA should provide more data on the overall mortgage market to justify the thresholds in the proposal; support innovative and effective retirement savings initiatives; support financial literacy initiatives; CFPBs TRID Frequently Asked Questions - provide more clarity and assistance to credit unions; supports the use of formal rulemaking versus informal guidance; Availability of Funds and Collection of Checks (RIN3170-AA31) - Agencies should consider ways to mitigate funds availability disclosure costs that will disproportionately impact small credit unions and support clarification of existing regulatory language and the correction of errors in Regulation DD; Policy on No-Action Letters and the BCFP Product Sandbox (DocketNo.CFPB-2018-0042) - support CFPB efforts to promote innovation by advancing policies that would accommodate new financial products or services and help identify burdensome rules and regulations; Cannabis banking/ H.R. 1595 - Congress should examine legislative steps that could be taken to provide greater clarity and legal certainty at the federal level for institutions that choose to provide financial services to state-authorized MRBs and ancillary businesses including providing safe harbor;
A Review of the Appraisal Industry - a formal appraisal should not be required for commercial real estate appraisals; provide relief from CECL implementation burdens - credit unions should not be subject to CECL standards; Loan Guaranty: Revisions to VA-Guaranteed or Insured Cash-Out Home Refinance Loans (RIN 2900-AQ42) - support regulations aimed at curbing lending that could jeopardize veterans financial security while not adding burdens or new requirements on credit unions - seek clarification of the timing of the net tangible benefit tests loan comparison disclosure, and guidance on the required standardized form that must be used. The VA should delay the rules compliance date by at least 30 days to ensure credit unions are provided with a reasonable timeframe to adopt the rules changes into their lending practices; HR 2305 exclude business loans made to veterans from the statutory MBL cap; support a strong, robust, and secure credit bureau system; support alternative models that more accurately capture credit worthy borrowers; support full funding for Community Development Financial Institutions Program; allow all types of credit unions to serve underserved areas; support long-term solutions to ensure efficient, self-sustaining and affordable US postal system but USPS should not be allowed to offer financial services; support reauthorization of National Flood Insurance Program and ensure there are no lapses; support amendment to the Coordinating Oversight, Upgrading and Innovating Technology, and Examiner Reform Act (COUNTER Act), HR 2514; support amendment to the Corporate Transparency Act of 2019, HR 2513; BSA/AML system is in need of improvements and reform - more coordination between law enforcement priorities and credit union examiners is needed - need updated database for SAR and Currency Transaction Report(CTR)filings to streamline the narrative reporting that law enforcement often requests from financial institutions - increase information sharing and allow the sharing of compliance resources; end the misuse of anonymous shell corporations and pass meaningful anti-money laundering reform legislation - modernize the anti-money laundering and counter the financing of terrorism(AML/CFT) regime in the United States and help prevent the use of corporate structures to hide the identities of their beneficial owners from law enforcement; support reform bill addressing beneficial ownership requirements; support for DelayofComplianceDate-Payday,VehicleTitle,andCertainHigh-CostInstallmentLoans (RIN3170-AA95) - because it would allow the Bureau ample time to review compliance obstacles not originally anticipated in the final Payday Rule, including additional Payday Alternative Loan(PAL) programs for credit unions - will allow the Bureau time to expand the Payday Rules safe harbor exemption to encompass all future iterations of PALs finalized by the NCUA - Revised Rule must exclude all future PALs programs; Validation and Approval of Credit ScoreModels (RIN 2590-AA98) - FHFA should re-propose this rule as soon as possible to provide a more inclusive, fair process that has the potential to enhance the operations of the GSEs and encourage the providers of credit score models to innovate, cut costs, and help more creditworthy consumers access the financing they need; SBA loan programs including the importance of 7(a) loans - avoid potential fee increases; support the SBAs modernizing the requirements for Certified Development Companies who provide vital 504 program loans; support Title IV of H.R. 3300, the Economic Mobility Act of 2019, which would repeal the 21 percent excise tax imposed on certain not-for-profits for providing certain fringe benefits under the Tax Cuts and Jobs Act (TCJA).; support 2019 NCUA Regulatory Review of 1/3 of NCUA regulations.

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

Natl Credit Union Administration (NCUA), Small Business Administration (SBA), Defense - Dept of (DOD), Homeland Security - Dept of (DHS), Federal Reserve System, Treasury - Dept of, Federal Deposit Insurance Corporation (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 Agency (FHFA), Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Commodity Futures Trading Commission (CFTC), Justice - Dept of (DOJ), U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Natl Institute of Standards & Technology (NIST), Office of Management & Budget (OMB), Federal Communications Commission (FCC), Labor - Dept of (DOL), Veterans Affairs - Dept of (VA)

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

Protect the credit union tax exemption; S. 151, the TRACED Act - modernize the Telephone Consumer Protection Act to combat illegal robocalls, while also protecting credit unions ability to freely make legitimate communications with their members - reforms should clarify the intent requirement for a TCPA violation to prevent good-faith communications by legitimate callers from being swept into the provisions of the bill - reforms should require voice service providers to consult with call originators as they implement the STIR/SHAKEN call authentication framework - require FCC to promulgate rules for the safe harbor available to voice service providers that establish a process to give notice to legitimate callers prior to their calls being blocked and, subsequently, correct any unintended blocking; establish a broad definition of automatic telephone dialing system or autodialer under the TCPA that only includes equipment that uses a random or sequential number generator to store or produce numbers and dial those numbers without human intervention - conduct reforms to help credit unions contact their members with important account information - permit callers to establish a reasonable opt-out method for revoking their consent to be contacted - remove language that goes beyond the scope of addressing the illegal actors who make abusive automated calls and in essence harms businesses and consumers by impeding legitimate calls that consumers actually need or want, HR 946 - support creating reassigned numbers database using existing numbering databases, (CG Docket No. 17-59) - provide a comprehensive safe harbor from TCPA liability for callers who use the database regularly but make a call to a reassigned number due to database errors - urge FCC to seek public comment on draft Declaratory Ruling, Advanced Methods to Target and Eliminate Unlawful Robocalls, (CG Docket No. 17-59, WC Docket No. 17-97); financial literacy - Support HR 275 and the goals and ideals of financial literacy month; Department of Defense - oppose an amendment to provide banks with rent-free leases on military bases under the John S. McCain National Defense Authorization Act - exempt loans to veteran-owned businesses from the credit union member business lending cap, HR 2305; Postal Banking - the United States Postal Service should not provide banking services which will be beyond its core competencies, will raise a number of serious regulatory and consumer protection questions, and will present significant competitive issues for private sector entities; Banking regulation and supervision - support the use of formal rulemaking versus informal guidance - agencies should clarify how guidance is treated, as inconsistencies can lead to compliance confusion; ensure that examiners treat regulations and guidance consistently - improve the examination process for financial institutions by passing the Financial Institutions Examination Fairness and Reform Act; housing finance reform - ensure that credit unions maintain unfettered access to the secondary mortgage market and fair pricing based on loan quality - explicit government guarantee - GSEs should be self-funded - FHFA should have board of advisors - GSEs should be allowed to rebuild capital buffers - GSEs should not be privatized at this time; Supervisory Committee Audits and Verifications (RIN 3133-AE91) - NCUA should remove the report on examination of internal controls over call reporting alternative audit option - remove the 120-day language in engagement letters to outside, compensated auditors regarding the required written report - support Appendix A to Part 715 alternative audit option - do not include other areas of review in Appendix A - retain Supervisory Committee Guide; Request for Information Regarding Consumer Credit Card Market (Docket No. CFPB-2019-0002) - encourage effective credit card disclosure use, including flexibility to provide required disclosures via mobile banking platforms - support providing fair and transparent credit products and services - support changes to regulations carrying out the Credit Card Accountability Responsibility and Disclosure Act of 2009 as the consumer credit card market evolves - support reporting on the credit card market to ensure practices align with CARD Act - support effective, simple and user friendly credit card disclosures - support allocating resources from Office of Cost-Benefit Analysis toward innovation; data security - create a national standard for data security for any entity that collects sensitive personal financial information similar to the Gramm-Leach-Bliley Act for financial institutions while not adding burdens to entities already regulated under this Act - payment of costs associated with a breach by breached entity - require data security policy disclosure - notify account servicer in case of a breach - require disclosure of breached entity - enforce prohibitions on data retention; Agency transparency; government accountability; create a 5 member commission at the CFPB; push for additional NCUSIF distributions - obtain full refunds of stabilization assessments; exempt credit unions from CFPB authority; oppose the Green Amendment (#29) to H.R. 1500 which would reinstate the CFPBs rule on arbitration agreements which Congress voted to disapprove in 2017; level playing field through smart regulation and consumer protections where financial institutions and fintech companies compete; Property Assessed Clean Energy Loans - support imposing ability-to-repay underwriting requirements for PACE loans - support imposing civil liability on violators of the ATR requirements under section 130 of the Truth In Lending Act - support adopting Truth In Lending - RESPA disclosures for PACE loans; Payday, Vehicle Title, and Certain High-Cost Installment Loans (RIN 3170-AA80) - support rescission of mandatory ability-to-repay (ATR) underwriting requirements - support for delay of compliance date, RIN3170-AA95 - because it would allow the Bureau ample time to review compliance obstacles not originally anticipated in the final Payday Rule, including additional Payday Alternative Loan (PAL) programs for credit unions - recommend expanding the Payday Rules safe harbor exemption to encompass all future iterations of PALs finalized by the NCUA - Revised Rule must exclude all future PALs programs; Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees, (RIN 1235-AA20) - supports the Department of Labors (DOL) proposed adjustments to overtime exemption rules under the Fair Labor Standards Act (FLSA) - urge DOL to consider additional options and guidance to reduce burdens for smaller credit unions - support regulatory flexibility for certain bonuses, incentive payments, and commissions - urge DOL to commit to a future formal assessment of the four-year review of the salary levels, in lieu of automatic reviews or increases; Ginnie Mae, Request for Input on Pooling Eligibility Changes - recommend that Ginnie Mae first allow the VA to complete its own evaluation of VA cash-out refinances, then closely evaluate other changes before removing cash out refinance loans made through the U.S. Department of Veterans Affairs from the Ginnie Mae II Multi-Issuer Program (GIIMIP) - Before excluding VA cash-out refinances, Ginnie Mae should complete further review to determine whether there is more than a correlation between the propensity to rapidly prepay VA loans and the different LTV requirements in the VA program compared to those of the Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac - support a de minimis standard restricting inclusion of cash-out refinances for VA loans in the GII MIP; NCUA should follow other financial regulators and reduce their budget; oppose efforts to bring the NCUA under congressional appropriations; FHFA or its successor should continue strong oversight of GSEs and any new system; expand field of membership flexibility to help credit unions grow; capital and risk-based capital reforms to preserve safety and soundness of the credit union industry; modernize the NCUA examination process; oppose NCUA third party vendor authority; support member business lending reforms and relief from maturity limits, HR1661; protect credit unions from frivolous ADA website litigation; create clear guidance for unfair, deceptive, or abusive acts and practices (UDAAP); repeal the Durbin Amendment and remove interchange price fixing; oppose Community Reinvestment Act coverage for credit unions; expand exemption from CFPBs payday lending rule for payday alternative loans (PAL); advocate for variable interest rates; Federal Credit Union Bylaws (RIN 3133-AE86) - support updates to the bylaw amendment process, member meeting and election processes, and amend the bylaws to expedite the process for expelling a member who is abusive, or conducting an illegal act; supports a strong independent NCUA; Consideration of the Financial Services and General Government Appropriations Bill - supports the language in the draft bill to keep funding for the NCUA's Community Development Revolving Loan Fund (CDRLF) at a level of $2 million and to fund the Community Development Financial Institutions (CDFI) Fund at a level of $300 million; NCUA should maintain the current regulation requiring annual review by a federal credit union (FCU) board of directors (Board), and not require supervisory committee review. NCUA should conduct an impact study on the proposed bond contract requirement to ensure that it does not adversely affect FCUs. NCUA should provide clarification on the process for reapplying for bond form approval upon the expiration of the ten-year term; end the government shutdown; ensure that credit unions continue to be able to participate in the Federal Home Loan Banks (FHLB) AMA programs, particularly in the new small member participation housing goal. Supports the overall simplification of the housing goals regulation, and additional flexibility granted to the FHLBs and the phase-in period that the FHFA has provided in the proposal. Ensure that the changes do not reduce the FHLBs ability to purchase mortgages. FHFA should set initial housing goal targets so that all FHLBs are in compliance from the start, and then incrementally increase the targets as appropriate. FHFA should provide more data on the overall mortgage market to justify the thresholds in the proposal; support innovative and effective retirement savings initiatives; support financial literacy initiatives; CFPBs TRID Frequently Asked Questions - provide more clarity and assistance to credit unions; supports the use of formal rulemaking versus informal guidance; Availability of Funds and Collection of Checks (RIN3170-AA31) - Agencies should consider ways to mitigate funds availability disclosure costs that will disproportionately impact small credit unions and support clarification of existing regulatory language and the correction of errors in Regulation DD; Policy on No-Action Letters and the BCFP Product Sandbox (DocketNo.CFPB-2018-0042) - support CFPB efforts to promote innovation by advancing policies that would accommodate new financial products or services and help identify burdensome rules and regulations; Cannabis banking/ H.R. 1595 - Congress should examine legislative steps that could be taken to provide greater clarity and legal certainty at the federal level for institutions that choose to provide financial services to state-authorized MRBs and ancillary businesses including providing safe harbor;
A Review of the Appraisal Industry - a formal appraisal should not be required for commercial real estate appraisals; provide relief from CECL implementation burdens - credit unions should not be subject to CECL standards; Loan Guaranty: Revisions to VA-Guaranteed or Insured Cash-Out Home Refinance Loans (RIN 2900-AQ42) - support regulations aimed at curbing lending that could jeopardize veterans financial security while not adding burdens or new requirements on credit unions - seek clarification of the timing of the net tangible benefit tests loan comparison disclosure, and guidance on the required standardized form that must be used. The VA should delay the rules compliance date by at least 30 days to ensure credit unions are provided with a reasonable timeframe to adopt the rules changes into their lending practices; HR 2305 exclude business loans made to veterans from the statutory MBL cap; support a strong, robust, and secure credit bureau system; support alternative models that more accurately capture credit worthy borrowers; support full funding for Community Development Financial Institutions Program; allow all types of credit unions to serve underserved areas; support long-term solutions to ensure efficient, self-sustaining and affordable US postal system but USPS should not be allowed to offer financial services; support reauthorization of National Flood Insurance Program and ensure there are no lapses; support amendment to the Coordinating Oversight, Upgrading and Innovating Technology, and Examiner Reform Act (COUNTER Act), HR 2514; support amendment to the Corporate Transparency Act of 2019, HR 2513; BSA/AML system is in need of improvements and reform - more coordination between law enforcement priorities and credit union examiners is needed - need updated database for SAR and Currency Transaction Report(CTR)filings to streamline the narrative reporting that law enforcement often requests from financial institutions - increase information sharing and allow the sharing of compliance resources; end the misuse of anonymous shell corporations and pass meaningful anti-money laundering reform legislation - modernize the anti-money laundering and counter the financing of terrorism(AML/CFT) regime in the United States and help prevent the use of corporate structures to hide the identities of their beneficial owners from law enforcement; support reform bill addressing beneficial ownership requirements; support for DelayofComplianceDate-Payday,VehicleTitle,andCertainHigh-CostInstallmentLoans (RIN3170-AA95) - because it would allow the Bureau ample time to review compliance obstacles not originally anticipated in the final Payday Rule, including additional Payday Alternative Loan(PAL) programs for credit unions - will allow the Bureau time to expand the Payday Rules safe harbor exemption to encompass all future iterations of PALs finalized by the NCUA - Revised Rule must exclude all future PALs programs; Validation and Approval of Credit ScoreModels (RIN 2590-AA98) - FHFA should re-propose this rule as soon as possible to provide a more inclusive, fair process that has the potential to enhance the operations of the GSEs and encourage the providers of credit score models to innovate, cut costs, and help more creditworthy consumers access the financing they need; SBA loan programs including the importance of 7(a) loans - avoid potential fee increases; support the SBAs modernizing the requirements for Certified Development Companies who provide vital 504 program loans; support Title IV of H.R. 3300, the Economic Mobility Act of 2019, which would repeal the 21 percent excise tax imposed on certain not-for-profits for providing certain fringe benefits under the Tax Cuts and Jobs Act (TCJA).; support 2019 NCUA Regulatory Review of 1/3 of NCUA regualtions;

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

Natl Credit Union Administration (NCUA), Small Business Administration (SBA), Defense - Dept of (DOD), Homeland Security - Dept of (DHS), Federal Reserve System, Treasury - Dept of, Federal Deposit Insurance Corporation (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 Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), Commodity Futures Trading Commission (CFTC), Justice - Dept of (DOJ), U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Housing Finance Agency (FHFA), Consumer Financial Protection Bureau (CFPB), Natl Institute of Standards & Technology (NIST), Office of Management & Budget (OMB), Federal Communications Commission (FCC), Labor - Dept of (DOL), Veterans Affairs - Dept of (VA)

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

Protect the credit union tax exemption.

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, Office of Management & Budget (OMB)

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: https://www.nafcu.org/boardofdirectors

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

CONVICTIONS DISCLOSURE

29. Have any of the lobbyists listed on this report been convicted in a Federal or State Court of an offense involving bribery, extortion, embezzlement, an illegal kickback, tax evasion, fraud, a conflict of interest, making a false statement, perjury, or money laundering?
No Yes