CFPB Task Force: Allow All Credit Unions to Serve Underserved Areas

"Credit unions have important potential to serve unbanked consumers."

By David Baumann | January 05, 2021 at 04:10 PM

A controversial CFPB task force on consumer financial law recommended Tuesday that Congress allow all credit unions to serve underserved areas in an effort to promote financial inclusion.

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Carrie Hunt Says Regulators Are Challenging the CU Business Model

By Michael Ogden | May 17, 2024

Hunt, with America's Credit Unions, states credit unions are being stressed under CFPB and NCUA regulations.

Carrie Hunt Says Regulators Are Challenging the CU Business Model

Chopra: CFPB 'Firing on All Cylinders'

By Jim DuPlessis | May 17, 2024

The director promises to hire more investigators, resume delayed enforcement actions and fight against "junk fees".

Supreme Court Rejects Challenge to CFPB

By Jim DuPlessis | May 16, 2024

In 7-2 ruling, justices dismiss arguments of payday lenders and CUs that the funding mechanism is unconstitutional.

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