WASHINGTON—In response to the CFPB’s policy statement on how it defines “abusive” under its unfair, deceptive, or abusive acts or practices (UDAAP) authority, NAFCU is calling on the Bureau to provide more clarity through an official rulemaking process.
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WASHINGTON—CUNA has joined with other five other national trade organizations in expressing concern over the Consumer Financial Protection Bureau’s statement on abusive acts or policies, including alleged deviations from statutory requirements and what the groups say is a failure to provide clear guidance regarding abusive acts or practices.
ALEXANDRIA, Va.–NCUA has announced plans to host a webinar on Aug. 2 on its new cyber incident notifications rule. It said online registration and details about the presentation will be available soon.
ATLANTA– Credit Union of Atlanta has named a new president and CEO.
SAN DIEGO– Mission Federal Credit Union said it has entered into a 10-year partnership with the San Diego Symphony that marks the largest of its kind in the credit union’s 62-year history.
SAN FRANCISCO–During their recent conference here the Association of Credit Union Internal Auditors (ACUIA) introduced a new name and branding: the Association of Credit Union Audit and Risk Professionals (ACUARP).
ST. PAUL, Minn.– The Credit Union Financial Education Network (CUFEN) said it has extended the deadline for annual reporting to July 14, with the organization stressing the need for delegates to submit data.
CORNELIA, Ga.––The 3,500 members of the $30-million North Main Credit Union have voted in favor of merging into the $2-billion Georgia United CU, which is headquartered in Duluth, Ga.
COLUMBIA, Md.– The MD|DC Credit Union Association has announced its new board and executive committee.
WASHINGTON—While the Fed opted not to raise rates at its June meeting, some members of its Federal Open Markets Committee did favor pushing rates up further, according to the minutes of the meeting just released by the Fed.