Regulatory & Compliance

If signed by the governor, the new effective date will be July 1, 2026.

The threat of ending the tax exemption for “large” credit unions should serve as a reminder to the industry that it has a vested interest in protecting the core attributes of what makes a credit union a credit union.

The Bureau wants input on whether the ongoing data collection is necessary.

The federal agency also lifts a 2019 enforcement action against Phi Beta Sigma FCU.

It will be the first time the judge will hear oral arguments from attorneys.

CFPB leaders now say the rule is unlawful and should be set aside.