Relief fund established to assist in recovery efforts.
February 24, 2011
Officials from the New Zealand Association of CUs are still assessing damages caused to their member organizations by Tuesday’s devastating earthquake that all but leveled Christchurch, the country's second-largest metro area.
CUNA Chief Advocacy Officer Ryan Donovan says a banker's threat to sue reinforces the need for credit unions to have a strong united voice in support of a proposal by the National Credit Union Administration to modernize rules that control who can join which credit unions.
The Consumer Financial Protection Bureau expects all entities obtaining consumer authorizations for pre-authorized electronic fund transfers to comply with the Electronic Fund Transfer Act and Regulation E, it reminded in a compliance bulletin issued this week.