FOR IMMEDIATE RELEASE   

October 11, 2019   

Washington, DC    

CONTACT:         

Lauren Williams        
CUNA Communications        
202-672-3396   

Credit Union National Association (CUNA) Released the Following Statement after the Consumer Financial Protection Bureau (CFPB) announced that it will establish a taskforce to examine ways to harmonize and modernize federal consumer financial laws.

“We appreciate that the Consumer Financial Protection Bureau is taking steps to examine and improve regulatory landscape surrounding consumer finance. We look forward to engaging with the Bureau’s new taskforce to ensure that credit unions can meet and uplift consumers’ financial interests.”   

- Ryan Donovan, Chief Advocacy Officer   

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About CUNA:          
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 115 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.