Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUNA's Student Loan Working Group Holds Initial Meeting
WASHINGTON (7/16/13)--As the nation's students look on anxiously to see if the federal government acts to restore the federal student loan rate to 3.4% after it ballooned to 6.8% recently, the Credit Union National Association has formed a student loan working group to explore current issues related to credit unions' offering private student loans to members, CUNA's Regulatory Advocacy Report informs readers this week.

The working group met for the first time last week to discuss current and possible future issues confronting credit union offering private student loans.

The group's focus will be to develop best practices for credit union student loans and to monitor related regulatory activity at the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration.

The NCUA has told the CUNA regulatory team that the agency will be releasing examiners' guidance on private student loans in the near future. The guidance will then be shared with credit unions.

To see those named to the student loan working group, CUNA members can use the resource link below to access the RAR.

Also in the newest issue, CUNA takes a look at CFPB's newest clarifications to mortgage rules, NCUA's derivatives proposal, a payments system update, and many more hot regulatory topics.
RSS





print
News Now LiveWire
#creditunions celebrate #EarthDay2015 by being green aware with e-statements, hosting shred events, planting trees
5 hours ago
From @WSJ: 33% of companies say it took them more than 1 yr to discover a data breach. http://t.co/a0MxV68X6t http://t.co/lkglx6WvKs
9 hours ago
.@CAMCouncil taps into @MICreditUnions' career, tech training resources http://t.co/sotnfCUgIo
10 hours ago
#Inflation ticks up in March, still relatively flat #NewsNow #Market http://t.co/PyAvwdkJ4M
10 hours ago
#NewsNow Ill. league groups elect board, exec officers http://t.co/KAG8MtbGsv
11 hours ago