Victory in Alabama ADA Cases

Late Friday afternoon, the League received word that complaints against two credit unions for website violations of the Americans with Disabilities Act (ADA) were voluntarily dismissed. The plaintiff in cases against The Infirmary FCU and Naheola CU, both in Alabama, withdrew the complaint, thus ending the lawsuits against the two credit unions. The League and […]

Credit unions and community banks agree—Pass S. 2155

The Credit Union National Association (CUNA) and the Independent Community Bankers of America® (ICBA) today in a joint letter to House Speaker Paul Ryan and Democratic Leader Nancy Pelosi and other House leadership requested timely floor consideration for the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155). Led by Banking Committee Chairman Mike Crapo, the bipartisan bill passed the Senate 67-31 […]

CUAC applications open through April 23

The Consumer Financial Protection Bureau (CFPB) is seeking applicants for its Credit Union Advisory Council (CUAC), which advises the bureau on the credit union industry. The link to the application is open. Selections are expected to be announced in September. Members of the CUAC serve two-year terms, though that may be adjusted at the CPPB director sees […]

NCUA FOM lawsuit decision a mixed bag for CUs

Yesterday, the U.S. District Court for the District of Columbia upheld two challenged portions of the National Credit Union Administration’s field of membership rule and struck down two provisions in a lawsuit filed against the agency by the American Bankers Association (ABA). Credit Union National Association (CUNA) and CUNA Mutual Group, in a joint statement, […]

Washington Wire – March 27, 2018

The Consumer Financial Protection Bureau (CFPB) has issued a request for information (RFI) on the bureau’s inherited regulations and inherited rulemaking authorities. The CFPB is seeking comments and information from stakeholders to assist the bureau in considering whether it should amend the regulations or exercise the rulemaking authorities that it inherited from other federal government […]