NCUA official seal NCUA official seal. (Source: NCUA)

A divided NCUA board on Thursday approved an interim final rule governing overdrafts, a proposed rule on mortgage servicing and a controversial change to its Multiple Common Bond credit union rule that board member Todd Harper said was not only ill-advised but a violation of the Federal Credit Union Act.

While those three issues divided board members, the board found unanimity on several other matters.

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