Consumers in Indiana, North Dakota and South Dakota will start seeing Open Your Eyes to a Credit Union® materials starting Monday as CUNA’s Awareness initiative officially expands to those states.

The Federal Reserve and CFPB in late June finalized amendments to Regulation CC to implement a statutory adjustment to adjust the dollar amounts under the Expedited Funds Availability Act for inflation, effective July 1, 2020.

Loan and savings growth continue to slow, while savings showed strong gains, according to CUNA’s Monthly Credit Union Estimates for May 2019.

The cooperative business model is a tool for economic success and self-determination, NCBA CLUSA wrote in an open letter to all Republican and Democratic candidates running for president in 2020 this week.

Comments on proposals from several federal agencies that will have an effect on credit unions are due in the month of July, including on risk-based capital (July 25), same-day ACH changes (July 15) and more.

CUNA recommends the CFPB avoid creating unnecessary burdens or limitations on the availability of overdraft programs in its comment letter on overdraft sent Monday, which also highlights the effects of other regulatory requirements on overdraft products.

The FDIC and CFPB will co-hosting a webinar July 25 to outline strategies to address and prevent elder financial abuse. Registration is currently open for the free webinar, scheduled for 2 p.m. (ET).

Substantive amendments to the Consumer Financial Protection Bureau’s remittance rule would create a more effective balance between consumer protection and access to services, CUNA wrote to the CFPB Thursday.

CUNA attended Wednesday’s symposium hosted by the CFPB focused on defining “abusive” under UDAAP. The conversation focused on the statuary history of “abusive,” the role of cost-benefit analysis and whether behavioral economics can play a role.

NCUA Chairman Rodney Hood Thursday recounted how values of humility, integrity, hard work, compassion and service to others have shaped his outlook and his career at a ceremonial swearing-in administered by Vice President Mike Pence.