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The Spotlight

  • Proposed Mortgage Servicing Rules Issued by CFPB

    Aug
    10
    Proposed Mortgage Servicing Rules Issued by CFPB

    The CFPB today issued two proposals to implement provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding servicing of mortgage loans.

    Posted By abucaida@mcua.org read more
  • Federal Reserve Reports on Mobile Payments Regulatory Landscape

    Aug
    10
    Federal Reserve Reports on Mobile Payments Regulatory Landscape

    In late July, the Federal Reserve Banks of Atlanta and Boston published a summary report on the mobile payments regulatory landscape.  The report covered the opportunities, challenges, and regulatory coverage of mobile payments.

    Posted By abucaida@mcua.org read more
  • CUNA Presses NCUA for More Regulatory Relief

    Aug
    10
    CUNA Presses NCUA for More Regulatory Relief

    Last Friday, CUNA President/CEO BIll Cheney sent a letter to the NCUA Board regarding a number of issues on which he believes the agency should provide regulatory relief to credit unions. Click here for a copy of the letter.

    Posted By abucaida@mcua.org read more
  • MCUA Town Hall Meetings Set for September

    Aug
    10
    MCUA Town Hall Meetings Set for September

    Join your peers at the next round of MCUA Town Hall Meetings. We're coming your way in September to bring you the latest information on the Consumer Outreach Campaign along with product updates from Shared Branch Network, iVia Exchange Services and CUNA Mutual Group.

    Agenda

    Posted By abucaida@mcua.org read more
  • Advertising Compliance: Attendees Needed

    Aug
    10
    Advertising Compliance: Attendees Needed

    Invite your friends to attend Advertising Compliance in Kansas City and St. Louis September 18 and 19. Both locations need additional attendees to meet participation requirements. Registration starts at $37.25*.  

    Posted By abucaida@mcua.org read more
  • St. Louis Chapter Legislative Reception

    Aug
    08
    St. Louis Chapter Legislative Reception

    This is an election year and definitely an exciting time for state and national politics! Please join the St. Louis Chapter in hosting this reception to show our appreciation to our legislators for their continued support of credit unions and credit union member issues. The event is recommended for management, staff and volunteers.

    Posted By Sharon Bahr read more
  • ABECU & AECU Award Free Gas for a Year

    Aug
    07
    ABECU & AECU Award Free Gas for a Year

    In late spring Anheuser‐Busch Employees’ Credit Union (ABECU) and its community division, American Eagle Credit Union (AECU) introduced a “Wheel‐of‐Deals” promotion t

    Posted By Sharon Bahr read more
  • "Finance Charge" Changes Under CFPB's RESPA/TILA Proposed Rule

    Aug
    06
    "Finance Charge" Changes Under CFPB's RESPA/TILA Proposed Rule

    As part of the Consumer Financial Protection Bureau’s (CFPB) 1099-page proposed RESPA/TILA rule, the CFPB is proposing some significant changes to Section 1026.4 of Regulation Z which defines the “finance charge.”  Importantly, these proposed changes will result in a more inclusive finance charge, which, absent further action by the CFPB, will increase the number of closed-end mortga

    Posted By Sharon Bahr read more
  • NCUA Letter to FCUs in the Works on Low-Income Designation

    Aug
    06
    NCUA Letter to FCUs in the Works on Low-Income Designation

    The National Credit Union Administration (NCUA) will soon be sending letters to nearly 1,000 credit unions indicating they are eligible for low-income designation, a status whose benefits include the ability to accept supplemental capital and an exemption from the small business lending cap under certain circumstances, NCUA Chairman Debbie Matz told league presidents attending the Americ

    Posted By Sharon Bahr read more
  • FinCEN Public Hearing on the Customer Due Diligence ANPR

    Aug
    06
    FinCEN Public Hearing on the Customer Due Diligence ANPR

    On Tuesday, July 31, the U.S. Treasury Financial Crimes Enforcement Network’s (FinCEN’s) held a public hearing on the customer due diligence (CDD) Advance Notice of Proposed Rulemaking (ANPR) that was issued in March 2012.  The hearing included participants from the U.S.

    Posted By Sharon Bahr read more

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