News

Fed seeks comments on adopting NACHA same-day rule

The Federal Reserve board has issued a request for comment regarding proposed changes to its current same-day automated clearinghouse (ACH) payments rules. The Federal Reserve Banks propose to incorporate NACHA-The Electronic Payments Association’s recently adopted same-day ACH operating rules into Operating Circular 4, which governs Reserve Banks’ ACH service. The Fed currently operates a same-day […]

New Senate bill for residential loan parity has CUNA, league support

A bill introduced by Sen. Ron Wyden (D-Ore.) would provide credit unions with regulatory relief, help small businesses, and has CUNA’s support. The bill, S. 1440, would exempt loans to purchase a one- to four-unit, non-owner occupied residential dwelling from credit unions’ member business loan cap. Currently those types of loans at credit unions are […]

CFPB posts spring rulemaking agenda

The Consumer Financial Protection Bureau (CFPB) has posted its spring rule making agenda on its website in accordance with the Unified Agenda of Regulatory and De-regulatory Actions. The agency is mandated to publish its agenda twice a year. The CFPB’s agenda includes nine issues including payday lending, overdrafts, HMDA, and TILA/RESPA. Each agenda topic comes […]

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    CFPB posts spring rulemaking agenda - learn more in today's eSignal. http://t.co/mh4jQ2pPbS
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