WASHINGTON — NCUA has put renewed focus on credit union members, CUNA Deputy General Counsel and Senior Vice President Mary Dunn reported back from CUNA's Attorneys Conference in Jackson Hole, Wyo.

NCUA General Counsel Bob Fenner told about 125 credit union attorneys from around the country that NCUA has put the “focus on putting members first.” Issues the agency will be looking at but not necessarily issuing any rulemakings on include mutual savings bank conversions, mergers, and the adequacy of disclosures in private insurance. Additionally, NCUA is working on a final rule on the conflict of interest in eligible obligations and red flags from the Fair and Accurate Credit Transactions Act, as well as affiliate marketing.

As Credit Union Times previously reported, the agency has shifted focus over 2007 from regulatory relief to consumer protectionism, taking its cues from the current Democrat-controlled Congress.