As of March 31, credit unions with assets of more than $1 billion must include overdraft and non-sufficient funds (NSF) fees in Call Reports filed with the NCUA. Officials with America's Credit Unions have pushed back on this reporting revision since it was published late in December. On Friday, Chief Advocacy Officer Carrie Hunt, with the lobbying group, wrote to the NCUA's three board members asking the agency to not publicly disclose the new fee data stating the new reporting requirement could expose legal and reputational risks to those credit unions.
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