Supporting a national call to simplify new account disclosurerequirements, the $1.6 billion UW Credit Union of Madison, Wis., said it may be the first inthe state to voluntarily adopt new account disclosures designed byconsumer advocates to be straight forward and consumerfriendly.

Concerned that consumers have had no standardized way to comparechecking account offers, The Pew Charitable Trust, a non-profitpublic policy research group, has recommended the “simple”structure for all banks and credit unions, UWCU said in itsannouncement.

The Consumer Financial Protection Bureau also recently said thatit is looking to implement simplified checking disclosurerequirements and may model those requirements on the Pewrecommendation.