The agency prohibits such fees in a letter to the ABA; Arizona FCU still charges a $3 monthly membership fee.
Trades say the CFPB's overdraft data request could result in unplanned costs to financial institutions.
Former Treasury Dept. Assistant Secretary Rob Nichols to replace Frank Keating this summer.
The trade group also announces it will gain one employee from the ICBA.
ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
CUNA shoots back in campaign aimed at rallying members across the land to speak up for tax exemption.
ABA, ICBA in town for conferences that have taxing credit unions high on the agenda.
A proposed change to a federal credit union’s sponsoring organization's membership has raised questions about whether the federal credit union’s field of membership will still meet NCUA regulations.
Lobbyist claims few credit unions want MBL cap increase.
ABA economist responds to NCUA announcement, says $1.4 billion suburban Dallas credit union remains critically undercapitalized, delinquencies continue to rise.