Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NCUAs Skiles to testify on easy access hotline
WASHINGTON (12/12/07)—National Credit Union Administration (NCUA) Executive Director Leonard Skiles is scheduled to testify today on the merits of establishing a single, toll-free telephone number consumers with banking problems could call to reach the appropriate credit union, bank or thrift regulator. Skiles is slated to be part of a panel of witnesses representing federal and state financial institution regulators and will present his agency’s views on the “Financial Consumer Hotline Act of 2007.” The hearing is being conducted by the House Financial Services subcommittee on financial institutions and consumer credit. The chair of that committee, Rep. Carolyn Maloney (D-N.Y.), in announcing the hearing said of the hotline idea, “A number of different governing bodies currently regulate banks, which can make it difficult for consumers to figure out who they should contact with concerns and complaints. One number could help cut down on the confusion and put consumers in quicker contact with the appropriate regulator.” A second panel of witnesses will feature consumer groups, Consumers Union and U.S. Public Interest Group.


RSS





print
News Now LiveWire
.@FAACreditUnion named a top Okla workplace by @TheOklahoman via @Cornerstone_CUL http://t.co/qQP1zpxJrO
23 minutes ago
NY @NYGovCuomo signs historic FOM law @NYCUAtweets http://t.co/NMTlgkpYqs
1 hours ago
Shop for Miracles day nets $450K for CUs for Kids #NewsNow #System http://t.co/N809BLkzGP
1 hours ago
2 Calif. #creditunions on why the #IOLTA reg relief bill is important. See #NewsNow http://t.co/TvBTGR3qed
1 hours ago
Sony hack linked to N. Korea, says U.S.intelligence via @nytimes http://t.co/fE3PtMgEFz
16 hours ago