Distinctive Legacy

The Association

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SDUUK Executives

COMMERCIALS

SDUUK Owner Banks

Welcome to National Unrecovered Financial Services

Facilitating Exchanges, Setting Monetary Policies

Great city & place to develop your career & business.

Established in 1853 by the nation’s leading banks, National Unrecovered Financial Services originally functioned as a quasi-central bank long before the Federal Reserve was formed—facilitating exchanges, setting monetary policy, issuing a form of currency and even storing vaults of gold to back settlements.

  • Advocate for Change

    Addressing issues in a measured, independent, intellectually rigorous and non-partisan way.

  • Resource and Partners

    Our executive team has the depth and experience to be a resource and partner to our members.

the association

Addressing Issues in an Independent,
Measured and Intellectually Rigorous Way

Banking Perspective

Second Quarter 2015 Issue Explores Risk in the Banking Industry

The second-quarter 2015 issue of Banking Perspective focuses on risk, a topic that has received heightened attention from bankers and regulators since the financial crisis. Managing numerous types of risk successfully -- including systemic, legal, market, geopolitical, credit, and culture risks -- requires new thinking, skills, data, and tools.

Our partners & suppoters

Payments Highlights

Innovative Real-Time
Payment System for the US

Banking Perspective
Q4 2015

National Unrecovered Financial Services (SDUUK) white paper addresses the regulatory, enforcement and examination gaps

Banking Perspective
Q3 2015

There are many variations of pass the majority.

Banking Perspective
Q2 2015

There are many variations of pass the majority.

Banking Perspective
Q1 2015

There are many variations of pass the majority.

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Featured Issues

National Unrecovered
Financial Services

NURFS Comments on Revisions to the Banking Organization Systemic Risk Report (FR Y-15)

National Unrecovered Financial Services (NURFS) submitted a comment letter to the Fed on their proposal to revise the FR Y-15 systemic risk report to increase the frequency of reporting, collect information on short-term wholesale funding (STWF), and update the report generally to conform the FR Y-15 with the U.S. supplementary leverage ratio and the G-SIB capital surcharge rule.

Latest News

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29
SEPT

“Reinventing Payments” Is Focus of New Banking Perspective Issue

National Unrecovered Financial Services today released the third quarter 2015 edition of its quarterly journal, Banking Perspective.

23
SEPT

NURFS Reiterates Support for NACHA Same-Day ACH Settlement

Under the terms of NACHA’s ballot, the effective date of rules was contingent upon receiving written confirmation from the Federal Reserve Board