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Nominations Open for CFPB Advisory Groups

Jan
26
Nominations Open for CFPB Advisory Groups

Kansas and Missouri credit unions have a great opportunity to speak up for their members -  nominations for membership to the Consumer Financial Protection Bureau's (CFPB) Credit Union Advisory Council (CUAC) and Consumer Advisory Board (CAB) are open until February 29, 2016.

Posted By Nora Revie read more

Letter to CFPB on Overdraft Survey

Nov
12
Letter to CFPB on Overdraft Survey

The Consumer Financial Protection Bureau (CFPB) is reviewing the current model form disclosure associated with financial institutions’ overdraft programs to identify whether alternative content or designs of the form may better support consumer comprehension and decision-making. 

Posted By Sharon Bahr read more

CFPB Delays Mortgage Disclosures to October 1

Jun
23
CFPB Delays Mortgage Disclosures to October 1

The Consumer Financial Protection Bureau (CFPB) has announced a two-month delay of a new rule, which would combine two mortgage disclosure regimes—the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA). The news broke during the Missouri Credit Union Association’s (MCUA) statewide training seminar that addressed TILA-RESPA (also known as TRID).

Posted By Nora Revie read more

CFPB Calls for More Missouri Input

Jun
15
CFPB Calls for More Missouri Input

If your credit union offers overdraft protection (ODP) and has not participated in the Missouri Credit Union Association (MCUA) ODP survey – the Consumer Financial Protection Bureau is requesting your credit union’s input.

Posted By Nora Revie read more

MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

Jun
15
MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

In a May 18th comment letter to the Consumer Financial Protection Bureau (CFPB), the Missouri Credit Union Association (MCUA) provided input on a number of issues related to the credit card market.

Posted By Sharon Bahr read more

Missouri Hike the Hill Kicks Off with CFPB Meeting

Jun
09
Missouri Hike the Hill Kicks Off with CFPB Meeting

A meeting with the Consumer Financial Protection Bureau (CFPB) kicked off Missouri’s Hike the Hill. Credit union leaders from across the state of Missouri met with the CFPB on June 8 to start their Washington, D.C. visits.

Posted By Nora Revie read more

MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

May
28
MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

Plans by the Consumer Financial Protection Bureau (CFPB) to collect more information for its complaint database is raising concerns with the Missouri Credit Union Association (MCUA).  A comment letter filed by the MCUA on May 26, 2015, addressed the CFPB's Request for Informat

Posted By Sharon Bahr read more

MCUA Shares Information on Credit Card Market with CFPB

May
19
MCUA Shares Information on Credit Card Market with CFPB

On May 18, 2015, the Missouri Credit Union Association (MCUA) filed a comment letter on the Consumer Financial Protection Bureau's (CFPB) review of the credit card market. The CFPB's review includes 12 topic areas related to the consumer credit card market.

Posted By Sharon Bahr read more

MCUA Weighs In on CFPB's Safe Student Banking Initiative

Apr
02
MCUA Weighs In on CFPB's Safe Student Banking Initiative

The Missouri Credit Union Association filed a comment letter with the Consumer Financial Protection Bureau (CFPB) regarding its draft Safe Student Account Scorecard, which is part of the CFPB's initiative on safe student banking.

Posted By Sharon Bahr read more

MCUA Generally Supports CFPB's Rural and Underserved Proposed Rule

Apr
02
MCUA Generally Supports CFPB's Rural and Underserved Proposed Rule

The Missouri Credit Union Association (MCUA) filed a comment letter on March 30, 2015, that is generally supportive of CFPB's rural and underserved proposed rule.

Posted By Sharon Bahr read more

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