Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
California And Nevada Leagues Launch Compliance Tool
ONTARIO, Calif. (5/17/13)--The California and Nevada Credit Union Leagues have launched PowerComment, an interactive online tool designed to help credit unions in the two states more efficiently express their compliance concerns to regulators.

"We want to encourage credit unions to comment on proposed rules, and make it easy for them to do so, in an effort to minimize the impact of final regulations," said Sharon Lindeman, the leagues' vice president of regulatory advocacy. "When we spend the time up front and comment on proposals, we can help shape the rules and try to stop overly burdensome directives later."

PowerComment.org will allow credit unions to:

  • Find up-to-date and easily digestible information on proposed rules, including a summary of pending regulations and potential financial, operational and member service impacts;
  • Participate in discussions to increase their understanding of proposed regulatory rules; and
  • Write comment letters to regulators and immediately submit them.


RSS print
News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
9 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations http://t.co/WnDzOcxdOZ
12 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone http://t.co/q8yo6Lx3LM
12 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
13 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
14 hours ago