While CUNA is opposed the capital planning and stress-testing proposal issued by the National Credit Union Administration in December, it urged the agency to include significant changes if the board votes to adopt the rule in final form today.
CUNA participated in high-level housing finance reform discussions in New York City and Washington, D.C. Wednesday, representing credit union views as a vote on a draft Senate Banking Committee bill nears.
The Consumer Financial Protection Bureau is expected to ease its rules setting fees for Qualified Mortgage loans, as defined under the bureau's Ability-to-Repay rules,
As a way to help its members develop ever-important emergency savings, $1.8 billion-asset CommunityAmerica CU is offering an interest rate nearly 34 times higher than the national average on one of its savings accounts.
A new Verizon data security report reveals that many point-of-sale breaches could be prevented by taking basic security enhancement steps.
Minnesota's Department of Commerce recently released first-of-its-kind guidance on privacy laws regarding elder financial abuse, and a credit union CEO was on stage for Tuesday's news conference on the subject.
Yet another state has launched a probe into a data breach involving the credit-reporting company Experian Plc, an incident that led to the exposure of about 200 million Social Security numbers.
Credit Union Magazine
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