CUNA, state leagues and other credit union stakeholders are on the ground in Cleveland this week to highlight the credit union difference during this week’s Republican National Convention. Activities include a ribbon-cutting and forum on the middle class.
FinCEN issued a list last week of frequently asked questions regarding Customer Due Diligence requirements for financial institutions. The document contains 24 sets of questions and answers, which are also available on. CUNA’s CompBlog .
The CFPB is expected to release its proposal on debt collection in conjunction with a July 28 field hearing in Sacramento, Calif. CUNA has met with the bureau a number of times to address the forthcoming rulemaking.