Members of the Consumer Financial Protection Bureau’s Credit Union Advisory Council told Credit Union Times that CFPB officials listen to credit union concerns and seem to understand the unique relationships between credit unions and their members. However, they said, CFPB officials don’t have an answer for why they can’t...
Credit union representatives to provide feedback on policy, rule-making, engagement.
For most credit unions, the annual meeting is as sure a sign of spring as flowers blossoming and leaves budding on trees.
WASHINGTON — Interchange is the tip of the regulatory burden iceberg.
WASHINGTON — Two credit union advocates told lawmakers today that the increased regulatory burden faced by the industry was hurting the ability of institutions to serve their members.
WASHINGTON — The debit interchange rule and other new requirements on credit cards and mortgages will make it harder for credit unions to serve their members, according to Bill Cheney and John Buckley.
If you don’t tell people what is on your mind, they’ll never know. The credit union industry has taken this to heart on the interchange issue.
CUNA President Bill Cheney and Gerber FCU President/CEO John Buckley are scheduled to discuss the impact of the financial overhaul bill on small financial institutions at a House Financial Services subcommittee hearing next Wednesday.