The CFPB has been soliciting comments on whether to change its rule governing ATM and debit card transactions.

Critics say, "Overdraft acts as an instant loan, allowing consumers to transact when their balances are low."

The legislation would require that phone carriers implement call authentication technology without an additional charge for consumers.

The head of the ABA said credit unions essentially have become indistinguishable from banks.

One credit union official said, "We are disappointed the Senate kept the deceptive banker provision in their bill."

Credit unions take disaster recovery into their own hands with help from the Foundation's CUAid program.

The bill also provides $2M for the NCUA's Community Development Revolving Loan Fund for the 2020 fiscal year.

Credit union trade groups are dismissive of the report, saying the funding behind it raises serious questions about its findings.