WASHINGTON (6/30/15)--Comments are due on proposals from the National Credit Union Administration, Consumer Financial Protection Bureau (CFPB) and a number of other agencies in July. CUNA will be submitting comments on each proposal, and welcomes input from stakeholders.
CUNA will also be writing to the NCUA this week in regards to the Federal Accounting Standards Board’s (FASB) credit impairment proposal. CUNA has previously written to FASB citing numerous concerns with the proposal.
This week’s letter to the NCUA will ask the NCUA to work to make the proposal more credit union-friendly.
Comments due in July include: