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

Washington
Cordray says CFPB will help level playing field for CUs
WASHINGTON (3/20/12)--Consumer Financial Protection Bureau Director Richard Cordray noted Monday that credit unions provide "high quality products and services" to their members.

He said that the not-for-profit model makes credit unions unique and especially pro consumer. He praised credit unions for their efforts on financial literacy, including the mortgage classes that many of them hold.

Click for slide showCFPB Director Richard Cordray. Click for slideshow from day one at the 2012 GAC.
"Your model is just as sound today as it ever was,'' Cordray said during a speech at Monday afternoon's session of the Credit Union National Association's (CUNA) Governmental Affairs Conference (GAC).

CUNA's GAC runs through Thursday.


RSS





print
News Now LiveWire
Consumer spending is slumping #Market #Economy http://t.co/RI4HS68IuJ
16 hours ago
April is #NationalFinancialLiteracyMonth & @TheNCUA Chair Matz urges #creditunions to help members learn to manage/protect their finances.
17 hours ago
Fed. FI regulators' statmnts on compromised credentials/destructive malware #cybersecurity http://t.co/f4uTBDm1PU http://t.co/zP5Iw6VxZc
19 hours ago
Home prices rising faster than wages: @RealtyTrac #NewsNow #Market http://t.co/wa74mnw3Cu
21 hours ago
.@Nussle dropped by the @ACUMuseum recently. Read about his visit http://t.co/bYe8RRgYLP
21 hours ago