It is important that critical measures to track and investigate financial crimes involving money laundering and terrorism not create compliance burdens that impede credit unions’ ability to serve consumers, CUNA stated in a letter to the House Financial Services Committee Thursday.
The Consumer Financial Protection Bureau (CFPB) has missed many opportunities to leverage credit unions’ mission, CUNA, AACUL, and the Leagues wrote to the House Committee on Financial Services on Tuesday.
CrossState Credit Union Association President/CEO Patrick Conway appeared with Pennsylvania Auditor General Tim DeFoor recently on Pennsylvania Newsmakers, a state politics and public policy talk show, to talk inflation and financial education.
Establishing and retaining a relationship with a credit union is the best way for a small business entrepreneur to partner with a provider of essential financial services, CUNA wrote to the House and Senate Small Business Committees Tuesday.
For credit unions to have the necessary resources to serve members and innovate, CUNA and the Leagues called on the Consumer Financial Protection Bureau (CFPB) to provide stability in the marketplace in a letter to the Senate Committee on Banking, Housing, and Urban Affairs Tuesday.
The Consumer Financial Protection Bureau (CFPB) has the opportunity to transform regulation without hampering consumers’ access to credit and financial products and services, CUNA wrote to the Senate Committee on Banking, Housing, and Urban Affairs Tuesday.
While it might appear that credit unions lag in their digital offerings, it’s more of a perception than a reality, CUNA's Greg Michlig noted in a recent American Banker article.
The Consumer Financial Protection Bureau (CFPB) announced on Monday that they will invoke a dormant authority to examine nonbank companies that pose risks to consumers.
CUNA Senior Director of Advocacy and Counsel Elizabeth Sullivan spoke Monday at the Federal Housing Finance Agency (FHFA) and Government National Mortgage Association (GNMA or Ginnie Mae) listening session on re-proposed eligibility requirements for both agencies.