Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Coopera offers Reg E Spanish opt-in forms
DES MOINES, Iowa (7/16/10)--Coopera Consulting, a strategic partner of the Credit Union National Association (CUNA), is offering a package of Spanish Reg E opt-in forms to help credit unions reach their Spanish-speaking members. Under Regulation E, credit union members must opt-in for overdraft protection by Aug. 15. Coopera’s package includes the English and Spanish version of the opt-in form, the English and Spanish version of a member letter about the opt-in update, and a member opt-in confirmation notice in English and Spanish. All Spanish versions of the documents have compliance-reviewed language that states that the English version prevails for legal purposes. All documents are provided in a customizable Word format. Regulation E states that credit unions must get their members’ consent before enrolling them into overdraft protection services. “This turnkey solution will help credit unions reach out to their Spanish-speaking members to ensure they understand this change,” said Warren Morrow, CEO of Coopera Consulting. “It will save them money versus having to translate these forms and obtaining a legal review themselves.” For more information, use the link.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
23 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago