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

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
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
5 hours ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
1 day ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 hour ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 hour ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
3 hours ago