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WASHINGTON—In response to a CFPB proposal to require supervised nonbanks to report certain terms and conditions in form contracts for consumer financial products and services that pose risks to consumers, NAFCU is calling on the Bureau to narrow its scope to ensure credit unions’ partnerships with third-party vendors are not “stifled.”

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WASHINGTON–A coalition of community bank groups led by the Independent Community Bankers of America (ICBA) has sent a letter to House Financial Services  (R-NC)  Ranking Member Maxine Waters (D-CA)  calling on the committee to hold an oversight hearing on the NCUA, alleging numerous issues the groups say must be addressed.