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Overdraft Survey Extended: May 25

In response to the Consumer Financial Protection Bureau's (CFPB) request for input on Overdraft Protection & Overdraft Privilege Programs, CUNA has developed a survey to gather input from credit unions.
The CFPB’s inquiry is focused on four main areas:

(1) Transaction Re-Ordering that Increases Consumer Costs,

(2) Missing or Confusing Information,

(3) Misleading Marketing Materials, and

(4) Disproportionate Impact on Low-Income and Young Consumers.

CUNA’s survey is due by May 25. Click here to access the survey. 

Click here to view CUNA’s comment call. 
 

Vocab Legislation: