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CU Times covers the NCUA, CUNA, NAFCU, CFPB as well as Congress to keep credit union executives up-to-date on regulatory and compliance changes coming out of Washington, D.C.
Similar to last year's bill, the legislation aims to update board policies and procedures.
Board members agree to revisit the issue in April and explore a floating interest rate ceiling in the future.
The bureau wants to hear from credit unions and other FIs about the consumer experience with credit cards.
The CDFI Fund Application blackout period will continue for an undetermined amount of time.
Thursday's meeting will focus on the FCU Loan Interest Rate Ceiling and the agency's Annual Performance Plan.
Credit unions and unclaimed property laws: Compliance pros should keep an eye on what's happening in the courts.
While the Texas-based CU posts loan growth, it also records declining net income over the last five quarters.
The CFPB seems to skip rulemaking steps for its proposed credit card late fee proposal.
NCUA Chairman Todd Harper notifies credit unions of updates to examination programs for the year.
As they wait for regulators to catch up, CUs should continue to explore this technology and its potential uses.