The NCUA has struggled to get more credit unions to respond to the voluntary survey since its launch in 2016.

The rule updates decades-old guidelines that were issued before cell phones and other newer technology were available.

A Latino association says the CFPB "repeatedly failed to consider the harms that consumers suffer from no-underwriting lending."

CUNA and NAFCU have been battling the commission over restrictions on robocalls.

NCUA Chairman Rodney Hood says the proposed rule "clarifies that supervisory guidance alone is not enforceable."

The CFPB argues even though the U.S. Supreme Court ruled the agency's structure is illegal, the rules are still valid.

CUNA and NAFCU create a regulatory outline for the NCUA to help credit unions during the economic crisis.

The bill allows people who believe they have been discriminated against by a financial institution to file suit in federal court.