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
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago