The Federal Trade Commission has warned marketers of six mobile background-screening apps that they may be violating the Fair Credit Reporting Act, which is designed to protect privacy and ensure the accuracy of consumer report information.
LoveMyCreditUnion.org leverages membership numbers to offer a well-rounded consumer purchasing program to credit union members. Credit unions can then earn non-interest income for marketing the programs.
The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement, including updates on the FHFA, CFPB and events significant to the credit union regulatory landscape.
The CFPB, now fully operational after the installation of Director Richard Cordray, recently established an advisory council for credit unions, a tracking system for financial scams targeting the military and a revamped form for mortgage disclosures.
The NCUA has clarified that new questions addressing minority credit unions and workplace diversity, which were added to fourth-quarter call report documents with no explanation from the agency, are required by the Dodd-Frank Wall Street Reform Act.
This Oregon Legislative Update outlines the upcoming annual session in the Oregon Legislature and provides details on the appointment of Elizabeth Steiner Hayward to the Oregon State Senate.
Catalyst Corporate explains how the NCUA’s intention to wind down the remaining components of U.S. Central Bridge Corporate—especially payment services such as ACH, automated settlement and international wires—will affect credit unions.
With the Oregon Legislature in short session in 2012, the Oregon Legislative Leadership Summit is designed to give credit union leaders an opportunity to advocate for the movement and grow their political involvement.
The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates on a recent GAO report and an NCUA data request.
Catalyst Corporate Federal Credit Union will conduct a series of town hall meetings in January and February to help credit unions transition from Western Bridge Corporate.