New Credit Union Awareness resources are available for credit unions to use when communicating about the coronavirus disease (COVID-19). The national digital campaign has been paused during the pandemic.
Comments on several CFPB proposals, as well as suggested changes to NCUA bylaws are due in May. The first CFPB RFI deadline, on civil investigative demands, was last week and additional deadlines are later this month.
The Bureau of Consumer Financial Protection should send quarterly reminders about submitting credit card agreements, CUNA wrote to the bureau Monday in response to a bureau request to the Office of Management and Budget.
CUNA and the Credit Union Association of New Mexico hosted CUNA’s fourth Campaign School of the 2018 election cycle Monday, a one-day nonpartisan program designed to educate prospective political candidates and campaign workers.
As momentum for House consideration of the Economic Growth, Regulatory Relief and Consumer Protection act picks up, CUNA is urging members to use its Member Activation Program to activate their members in support of the bill.
CUNA President/CEO Jim Nussle thanked House Financial Services Chairman Jeb Hensarling remarks that he’s open to pathways that involve passing S. 2155 and tackling additional regulatory relief in separate legislation.
Several CFPB civil investigative demand processes have room for improvement, CUNA wrote to the bureau, noting that current processes do not have policies that protect legitimate financial institutions from unwarranted government intrusion.
CUNA joined several organizations to call on a House Energy and Commerce subcommittee to encourage the Federal Communications Commission to clarify the definition of an autodialer, among other actions.