In contrast to current meteorological trends, predictions for the coming regulatory climate, according to one consultant, show escalating temperatures with little chance of relief.
Agency handles growing number of requests as compliance gets more complicated.
Trade group says credit unions cite third-party vendor issues, fear that lending could slow or stop.
Credit union witnesses will appear before panels to address CFPB reform and regulatory burden.
From increasing services to mitigating risks, the benefits of partnering with CUSOs and other vendors run the gamut, experts say.
New rule exam for Evergreen State credit unions focuses on consumer and regulatory compliance, including FFIEC, BSA.
Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
It’s official. Richard Cordray is the director of the CFPB.
Credit unions executives located in or near Rep. Gary Miller’s (R-Calif.) district in Southern California voiced their approval of a bill introduced by the House Financial Committee leader on June 28.
This Opinion piece looks at how community financial institutions can leverage technology to meet growing volume and compliance burdens.