WASHINGTON (2/26/12)--This week's edition of the Credit Union National Association's Regulatory Advocacy Report draws attention to the always-active Consumer Financial Protection Bureau's work to address student lending issues, and a CUNA comment call on those issues.
The CFPB is accepting comment from students, parents, lenders and educators on financial services specifically marketed to higher education students. CUNA is collecting information from credit unions on the questions asked by the CFPB most directed at credit union activities. This information will also give CUNA a clearer picture of the types of products and services credit unions are offering to students. For the comment call, use the resource link.
This month's Regulatory Advocacy Report also outlines CUNA's recent comments on the CFPB's ability to repay rule, and recaps the CFPB Consumer Advisor Board meeting that was held last week. Cyber security issues and the National Credit Union Administration's guidance for credit unions facing such issues, National Credit Union Administration /National Association of State Credit Union Supervisors recent low income credit union work, and Financial Crimes Enforcement Network news is also covered in the report.
The Regulatory Advocacy Report includes the in-depth content readers expect from CUNA, and updates credit unions on where they stand on key credit union issues and what CUNA has done to advocate for them.
Employees or volunteers of CUNA/state credit union league-affiliated credit unions can sign up to receive the report.
The Regulatory Advocacy Report is archived on cuna.org.