Oral arguments begin Oct. 19 in the case brought against the Federal Communications Commission’s July 2015 order that creates restrictions for contacting members, for credit unions subject to the Telephone Consumer Protection Act. CUNA staff will attend.
CUNA is evaluating the CFPB new, 1,600-plus page rule on prepaid cards to make sure credit unions are minimally affected, assessing compliance costs for credit unions offering prepaid accounts that could be associated with the new requirements.
CUNA wrote to the U.S. Department of Defense Tuesday requesting at least a 6-month delay in the Oct. 3 effective date for changes to the Military Lending Act rule. CUNA has pushed the DOD for guidance.