Credit union support can make a difference in elections, particularly in a close race. Reps. Walter Jones (R-N.C.) and Kurt Schrader (D-Ore.) both know this from experience and shared their election insights during a Tuesday panel.
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.