What will the CU movement look like in 2034—the centennial of the first federally chartered credit union?

New approach by regulator isn't mean to cause undue burden on CUs.

"We want all financial institutions—all of your competitors—to be held to the same kind of accountability that credit unions face every day."

The Consumer Financial Protection Bureau is taking very seriously its role as protector of consumers against abusive credit providers.

The Treasury Department requires all federal benefit check recipients to switch to an electronic payment method by March 1, 2013. CUs can help members make the switch to direct deposit now.

Political science professors have been known to tell this joke to their first-year students. Recently, Congress has done an excellent job of living up to the spirit of that joke.

Google the word “compliance” and you get about 362 million results, which seems like the number of regulations credit unions are expected to comply with today.

CUs face a deluge of rules both baffling and complex.

The Fair Credit Reporting Act limits consumer reporting agencies' ability to furnish reports containing consumers' medical information.

In December 2011, the Consumer Financial Protection Bureau (CFPB) issued a report on its first three months of collecting credit card complaint data.