The regulatory burden has a price tag--so far--of $56 per credit union member in Georgia, according to a study commissioned by CUNA and cited by Georgia Credit Union Affiliates in a recent Atlantic Business Chronicle article.
Credit Union Association of the Dakotas President/CEO Jeff Olson detailed the negative impact regulatory burden has had on the states’ credit unions and their more than 470,000 members in op-eds appearing in North Dakota and South Dakota newspapers this week.
ALBUQUERQUE, N.M. (3/31/16)--After publishing an article about the increasing regulatory burden on credit unions, the Albuquerque Journal followed it up with an editorial that supported credit unions’ concerns.
ALBUQUERQUE, N.M. (3/29/16)--New Mexico residents learned about the effect the Dodd-Frank Act and its regulatory regime are having on the state’s credit unions in a Monday article in the Albuquerque Journal.
CHARLOTTESVILLE, Va. (3/2/16)--In an interview with S&P Global Market Intelligence, Alabama CU CEO Steve Swofford detailed the effects of increased regulation on the Tuscaloosa, Ala.-based credit union.
The new mortgage servicing rule from the CFPB clarifies the frequency of required written early intervention notices. A mortgage servicer must provide notice to a delinquent borrower no later than the 45th day of the borrower’s delinquency.
It is imperative that Congress take action to eliminate the negative consequences of last year’s changes to the Telephone Consumer Protection Act, CUNA wrote to a House subcommittee conducting a TCPA hearing Thursday.
CUNA Chief Advocacy Officer Ryan Donovan discusses this week's congressional activities, as well as advocacy strategies for the CFPB's short-term, small-dollar loan proposal in this week's Advocacy Update video.