WASHINGTON—Ahead of a Senate subcommittee hearing this week, NAFCU expressed its support for rules aimed at targeting illegal and fraudulent robocalls, but said it also has its concerns over the potential effect on credit unions.
In a letter, Vice President of Legislative Affairs Brad Thaler noted the Federal Communications Commission’s (FCC) efforts to curb illegal robocalls and robotexts have “hurt credit unions attempting to make legitimate and useful informational calls.”
“Credit unions deserve relief so that they may contact their members about important information regarding their accounts without a high risk of frivolous lawsuits,” Thaler wrote.
He called on the FCC to better tailor its regulations to target bad actors, rather than sweep credit unions and other legitimate businesses in under broadly written regulations.
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