Discussion of a bill to provide a temporary liability safe harbor for the Consumer Financial Protection Bureau’s upcoming mortgage disclosure rule will highlight a hearing conducted today by the U.S. House Financial Services subcommittee on housing and insurance.
CUNA reiterated concerns it has with withdrawal or transfer limits on savings accounts and proposed changes for remote deposit capture in a letter to federal regulators Wednesday.
The National Credit Union Administration Budget Transparency Act (H.R. 2287) would increase transparency and accountability at the agency, thereby supporting its mission, CUNA told the bill’s sponsors Wednesday.
The California Credit Union League announced its support this week for Assembly Bill 83, a measure to require businesses to ratchet up data security standards to protect consumer personal information using “reasonable security procedures and practices.”
A number of law enforcement agencies that use Bank Secrecy Act reporting in their investigations were recognized this week by the U.S. Treasury’s Financial Crimes Enforcement Network.
The jointly held CUNA Community Credit Union Conference and the National Federation of Community Development Credit Unions 2015 Annual Conference, taking place Sept. 22-25, will leverage the resources of two national organizations.
Three credit union-specific regulatory relief provisions, as well as more than a dozen other relief items that benefit credit unions, are contained in a bill introduced by Senate Banking Committee Chairman Richard Shelby (R-Ala.) Tuesday.
Working together for a common goal is one of the seven core principles of cooperatives.It’s also a tenet that differentiates not-for-profit credit unions from for-profit banks. Just ask David Olson, consumer lending sales manager at UW CU, Madison, Wis.
A U.S. House bill was introduced Tuesday night that would require the National Credit Union Administration to open its budget process to the public.