NAFCU Journal May June 2022

3 THE NAFCU JOURNAL MAY–JUNE 2022 20 12 FEATURES 12 Tackling Appraisal Bias Fannie Mae Offers Tools and Resources to Modernize Processes 20 Back to the Future Why Purpose May Be the Key to Sustainable Growth 28 Preparing for Effects of AMLA of 2020 Education is Best Preparation Until Rulemaking Occurs COLUMNS 5 Conferences 6 From the Chair 8 Washington and Industry Briefs 10 The Bottom Line 34 Inside NAFCU Services 35 Management Insight 36 Executive Spotlight 38 Leadership Download 40 Compliance Central 42 From the President’s Desk 28 MAY–JUNE 2022 • VOLUME 47, NUMBER 3 The NAFCU Journal (ISSN 1043-7789) is published bimonthly every other month. May–June 2022, Volume 47, Number 3. Published by the National Association of Federally-Insured Credit Unions, 3138 10th Street N., Arlington, VA 22201-2149. Periodicals Postage Paid at Arlington, VA, and at additional mailing offices. POSTMASTER: Send address changes to The NAFCU Journal, NAFCU, 3138 10th Street N., Arlington, VA 22201-2149. The opinions and ideas appearing in this magazine are not necessarily representative of policies of NAFCU. Manuscripts and advertisements are welcome, although NAFCU reserves the right to edit manuscripts and refuse advertisements. Contact publisher for advertising information and rates. Appearance of an advertisement does not imply endorsement or guarantee of the advertiser’s claims. For subscription or advertising information, call 800-336-4644 or 703-522-4770. Email: [email protected]; website: www.nafcu.org. ©2022 National Association of Federally-Insured Credit Unions, all rights reserved.

RkJQdWJsaXNoZXIy Nzc3ODM=