Net worth at the credit union drops from 11% in Sept. 2013 to 0.85% one year later.
Bureau proposes allowing extra time for revised loan estimates and changing loan estimate form.
New CUNA CEO schedules a meeting with bank lobbyists to find common ground and move credit union legislation.
Editorial commentary on current issues from CU Times' editorial staff and correspondents.
At the CFPB, a checking account is a right, not a privilege.
CUNA Mutual, the NCUA and trades respond to the CFPB's announcement it will review checking account screening procedures.
The NCUA's Consumer Protection Office also gives unsatisfied members a voice.
NCUA says onsite WesCorp and other corporate examiners were limited by regs, not influenced by executives.
The CFPB will review how credit unions use reporting agencies to screen members when they open a checking account.
Supervisory committees are a serious, legitimate option in resolving complaints.