The CFPB released a new Elder Financial Exploitation report this month, based on data obtained from Suspicious Activity Reports filed between 2013 and 2017. It will conduct a webinar April 9 highlighting the findings of the report.
The CFPB announced Thursday amendments to its advisory committee charters, which include the Credit Union Advisory Council, and also announced it will begin accepting applications for new council members soon.
Just over a week remains before the credit union industry’s largest event, the 2019 CUNA GAC, kicks off, the largest event in the credit union industry. More than 5,000 credit union leaders will be in attendance.
CUNA and the World Council of Credit Unions called for a level playing field for smaller contractors, such as credit unions, when it comes to the U.S. Agency for International Development prioritizing procurement reforms.
The time has come for new federal protections regarding the use and security of data held by all businesses and entities, CUNA wrote to the Senate Commerce Committee Thursday for its hearing on a federal data privacy framework policy,.
The next meeting of the CFPB's Credit Union Advisory Council has been set for March 14, and will will feature a discussion of policy issues related to financial technology and other trends and themes in consumer finance.
CUNA supports the intent of the Fair Credit Reporting Act and its importance in ensuring consumers’ financial information is handled and used appropriately, it wrote to the House Financial Services Committee, but noted several potential modernizations.
The Treasury’s CDFI Fund is being used to grow local economies and serve communities in need, CUNA wrote to the House Appropriations subcommittee on financial services and general government. There are 285 certified CDFI credit unions.
The time has come for new federal protections regarding the use and security of data held by businesses and entities, CUNA wrote to for the record of a House Energy and Commerce Committee hearing on data privacy.
CUNA and its members are committed to ensuring diversity and inclusion continue to play a meaningful role in every aspect of the credit union system, CUNA wrote to the new House Financial Services subcommittee on diversity and inclusion.
CUNA will be engaged with a variety of hearings in both chambers of Congress this week, including ones on data privacy and diversity in financial services. The Senate Banking Committee will also vote on NCUA and FHFA nominees.