Small FI Reg Burden Is On House Financial Services' April Agenda
The regulatory burden faced by small financial institutions, like credit unions, is on the U.S. House Financial Services Committee agenda twice in April.
The April hearing schedule is in its early planning stages and few details are available. Credit unions are not named on the hearing schedule. However, a committee spokesman on Wednesday told News Now that the panel does intend to hold a hearing to study the regulatory burden of credit unions. That session will be part of a 2013 series to study, in part, the impact of the Dodd-Frank Act. Read More
CUNA Urges Senate To Pass Privacy Notice Relief Bill
In a joint letter with other financial trade groups, CUNA urged the Senate to vote on bipartisan legislation (S. 635) to end the redundancy of privacy notices "without further delay and amendment." Read More
Indirect Auto Lenders Put On Notice By CFPB
Last Thursday the Consumer Financial Protection Bureau reminded indirect auto lenders of their compliance responsibilities under the Equal Credit Opportunity Act (ECOA).
The Thursday bulletin was meant, in part, to clarify the CFPB's authority to pursue auto lenders whose policies can, at times, be used to harm consumers through unlawful discrimination. Read More
Tools Added To CUNA Tax Advocacy Arsenal
New resources continue to be added to the Credit Union National Association's tax toolkit arsenal designed to provide materials to help credit unions talk to their members about the value of credit union membership and to fight back against banks that are targeting credit unions in tax status attacks. Read More
The regulatory burden faced by small financial institutions, like credit unions, is on the U.S. House Financial Services Committee agenda twice in April.
The April hearing schedule is in its early planning stages and few details are available. Credit unions are not named on the hearing schedule. However, a committee spokesman on Wednesday told News Now that the panel does intend to hold a hearing to study the regulatory burden of credit unions. That session will be part of a 2013 series to study, in part, the impact of the Dodd-Frank Act. Read More
CUNA Urges Senate To Pass Privacy Notice Relief Bill
In a joint letter with other financial trade groups, CUNA urged the Senate to vote on bipartisan legislation (S. 635) to end the redundancy of privacy notices "without further delay and amendment." Read More
Indirect Auto Lenders Put On Notice By CFPB
Last Thursday the Consumer Financial Protection Bureau reminded indirect auto lenders of their compliance responsibilities under the Equal Credit Opportunity Act (ECOA).
The Thursday bulletin was meant, in part, to clarify the CFPB's authority to pursue auto lenders whose policies can, at times, be used to harm consumers through unlawful discrimination. Read More
Tools Added To CUNA Tax Advocacy Arsenal
New resources continue to be added to the Credit Union National Association's tax toolkit arsenal designed to provide materials to help credit unions talk to their members about the value of credit union membership and to fight back against banks that are targeting credit unions in tax status attacks. Read More
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