Award for $25,000 recognizes CU’s community impact.
November 9, 2010
Bethex Federal Credit Union, a community development credit union serving the predominantly low-income South Bronx community in New York City, was recognized by the Wachovia Wells Fargo NEXT Awards for its positive community impact.
CUNA’s final rule analysis of the CFPB changes to the TRID rule is now available. The rule, published in the Federal Register this week is effective Oct. 10, with a mandatory compliance date of Oct. 1, 2018.
While proposed changes to the CFPB prepaid accounts rule provide some clarity, it will not be helpful for most prepaid card users and CUNA remains opposed to the rule’s application of Regulation Z to certain prepaid cards.
NCUA Wednesday released a package of possible regulatory reforms and urged credit union stakeholders to read and comment. According to the agency, the reforms were recommended by an internal NCUA task force.