The NCUA board of directors held its eighth open meeting of 2019 yesterday and approved three items, including a final rule on the agency’s Payday Alternative Loan.
Continue reading “NCUA board approves final rule for additional Payday Alternative Loans”
In a recent comment letter to the CFPB, Linda Lacewell, superintendent of the state Department of Financial Services, called for increased consumer protections in the bureau’s proposed debt collection rule.
The CFPB will continue the publication of consumer complaints, data fields and narrative descriptions through the bureau’s consumer complaint database, but make several changes to the information available to users of the database, the bureau announced yesterday.
Continue reading “CFPB will modify but keep consumer complaint database”
Individuals can easily support pro-credit union candidates running for state-level office this election cycle with the New York Credit Union Association’s online donation site.
The New York Credit Union Association’s 2019 Compliance & Legal Conference concluded last Friday in Verona. Over the course of two days, attendees heard from several leading attorneys and compliance experts, who discussed the many legal and regulatory issues credit unions should be preparing for.
Continue reading “Attorneys, compliance pros offer updates at Compliance & Legal Conference”
