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CUNA Endorses Some Changes to Consumer Bureau Structure

By Claude R. Marx

CUNA will endorse putting a credit union member on a five-member board that some lawmakers are proposing to run the Bureau of Consumer Financial Protection, and will support allowing a council of regulators to overturn bureau decisions by a majority vote.

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CUs Partner With Banks to Help Illinois Families Save

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NAFCU Endorses Changes in the Consumer Bureau

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April 05, 2011

NAFCU Endorses Changes in the Consumer Bureau

NAFCU will endorse GOP-backed legislation to have the new Consumer Financial Protection Bureau governed by a five-member board and allow its decisions to be overturned by majority vote of a council of regulators.

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April 05, 2011

CO-OP Returns $20.2 Million in 2010 Dividends

CO-OP Financial Services said it is returning $20.2 million to its shareholders in its patronage pool for 2010.

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April 05, 2011

Frank Announces Support for Delay of Interchange Rule

Rep. Barney Frank, the senior Democrat on the House Financial Services Committee, today endorsed legislation that would delay implementation of the Federal Reserve’s rule regulating debit interchange fees.

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April 05, 2011

JHA Touts Uptake of Customizable Web Banking Platform

Jack Henry & Associates Inc. said about 125 credit unions and banks are now using its MyNetTeller solution, an enhancement to its online banking platform that allows consumers to create customized landing pages for their most used online banking functions.

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April 05, 2011