ALEXANDRIA, Va. — NCUA appears to be following through with the agenda of greater emphasis on consumer protection that the Democratic Congress has signaled it wants.
Attorneys which work with credit unions and which met in conjunction with this year's annual meeting of the American Bar Association in San Francisco reported that NCUA examiners appeared to be putting greater focus on inspecting credit unions' procedures governed by the Fair Lending Act, according to Mary Dunn, CUNA's Deputy General Counsel who attended the meeting.
Dunn said the association had begun to consider how it could work with credit unions to help them prepare for the fair lending examination emphasis.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
