CUNA President/CEO Jim Nussle spoke with Consumer Financial Protection Bureau Director Kathy Kraninger Wednesday on a number of credit union issues, including serving members during the pandemic. CUNA has been in constant contact with CFPB leadership and staff during the crisis.
“Thanks to Director Kraninger for her time today to hear feedback CUNA and Leagues have been hearing about ways to continue member service during the pandemic and economic recovery,” Nussle said. “The CFPB and credit unions are both committed to ensuring access to safe and affordable products while maintaining safety and soundness.”
Previous communications from CUNA to Kraninger have called on the CFPB to provide credit unions with additional flexibility, including: