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Washington
NCUA, CFPB, Fed News Featured In CUNA Regulatory Advocacy Report
WASHINGTON (3/19/13)--This week's edition of the Credit Union National Association's Regulatory Advocacy Report gives credit unions a snapshot of the latest regulatory developments inside and outside of the credit union system, from a recent CUNA executive committee meeting with National Credit Union Administration Chairman Debbie Matz to the status of a National Labor Relations Board Supreme Court case that has implications for the Consumer Financial Protection Bureau.

Credit Union National Association advocacy efforts continue on a number of fronts and the CUNA Regulatory Advocacy Report highlights a recent NCUA report on private student loan risks, provides an update on the agency's lawsuit against Goldman Sachs & Co and includes the latest CUNA chart on current rulemakings.

The Report also features:
  • New information related to the CFPB's escrow rule;
  • News on Federal Deposit Insurance Corporation premiums;
  • Details from a Federal Trade Commission report on mobile payments;
  • Electronic Payments Association (NACHA) bulletins on international automated clearinghouse warranties and high risk originators;
  • Details on the Federal Reserve Bank expansion of same-day FedACH service; and
  • New class action ATM litigation.
Employees or volunteers of CUNA/state credit union league-affiliated credit unions can sign up to receive the Regulatory Advocacy Report.

"We want to make sure the Report provides regulatory advocacy information that is useful to credit unions and leagues," CUNA Deputy General Counsel Mary Dunn said. "We invite credit unions to let us know if there are additional regulatory issues they want to read more about and want us to cover more frequently," she added.

The Regulatory Advocacy Report is archived on cuna.org.
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