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
Regulators to offer info on new credit card rule
WASHINGTON (2/13/09)—Credit unions, banks and thrifts are invited to sign up for regulators’ free audio briefing on new unfair credit card practices rule. The joint National Credit Union Administration (NCUA), Office of Thrift Supervision (OTS), and Federal Reserve Board event will take a look at the Fed rule intended to crack down on abusive or deceptive card practices. The rule established such things as certain restrictions on increasing interest rates, allocations of payments to balances with different interest rates, timeframe for cardholders’ payments, and also banned double-cycle billing and limited the fees charged for opening an account. The OTS is hosting the two-hour Feb. 24 briefing and call-in, and the NCUA and Fed are participating. Speakers will respond live to participants’ questions. Speakers are scheduled to include:
* Moisette (Tonya) Green, NCUA; * Benjamin Olson, the Fed; and * April Breslaw, OTS.
Submit early questions to consumer.regulations@ots.treas.gov. Use the resource link below to register for the session.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
15 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago