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.
The percentage of credit unions focused on diversity, equity, and inclusion (DEI) jumped by 23% over the last two years, CUNA Vice President for Diversity, Equity, and Inclusion Samira Salem wrote in Credit Union Times.
CUNA submitted a letter to the Secretary for the Board of Governors of the Federal Reserve Ann Misback on Friday in response to the Board’s proposed guidelines for evaluating account and services requests.
World Council of Credit Unions' (WOCCU) Economic Inclusion Project (EIP), a USAID-funded activity, and the National Federation of Credit Unions of Peru (FENACREP) recently launched a new initiative called “The Strengthening Route.”
Comments on several items of relevant to credit unions are due in the next several weeks. For a complete list, visit CUNA’s Letters and Testimonies page.