User login

CFPB

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

CFPB Takes Enforcement Action on Overdraft Protection Practices

May
05
CFPB Takes Enforcement Action on Overdraft Protection Practices

The Consumer Financial Protection Bureau (CFPB) took its first enforcement action against a financial institution’s overdraft practices on April 28.  Regions Bank was fined $7.5 million and was required to refund approximately $49 million to customers who were charged overdraft fees and had not opted-in for overdraft coverage. 

The CFPB found that the financial institution:

Posted By Halley Hayden 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

MCUA Comments on CFPB Prepaid Cards Proposal

Mar
24
MCUA Comments on CFPB Prepaid Cards Proposal

The Missouri Credit Union Association (MCUA) filed a comment letter on March 23, 2015, with the Consumer Financial Protection Bureau (CFPB) related to its proposal on prepaid cards. MCUA filed a letter on its own urging the Bureau to limit any new regulatory requi

Posted By Sharon Bahr read more

MCUA Raises Concerns with CFPB's Proposed Changes to Its Mortgage Servicing Rules

Mar
17
MCUA Raises Concerns with CFPB's Proposed Changes to Its Mortgage Servicing Rules

On March 16, 2015, the Missouri Credit Union Association (MCUA) filed a comment letter with the CFPB regarding proposed changes to the 2013 Mortgage Servicing Rules under RESPA (Reg X) and TILA (Reg Z).

Posted By Sharon Bahr read more

NCUA's Final Board Meeting of 2014

Dec
09
NCUA's Final Board Meeting of 2014

The National Credit Union Administration's (NCUA) Board will meet for the last time in 2014 on Thursday, December 11. The main item on the agenda is a final rule on appraisal exemptions.

Posted By Sharon Bahr read more

CFPB Overdraft Protection Rulemaking Delayed: Missouri Input Requested

Dec
01
CFPB Overdraft Protection Rulemaking Delayed: Missouri Input Requested

The Consumer Financial Protection Bureau (CFPB) has delayed several rulemakings, including one concerning overdraft protection (ODP). Initially, the CFPB was expected to provide a proposed rule affecting ODP in February 2015.  The ODP rulemaking is now anticipated on the docket for July 2015. 

Posted By Halley Hayden read more

MCUA Submits Comments to CFPB on Mobile Financial Services and the Underserved

Sep
15
MCUA Submits Comments to CFPB on Mobile Financial Services and the Underserved

The Missouri Credit Union Association (MCUA) submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) on mobile financial services and the underserved on September 10, 2014.

Posted By Sharon Bahr read more

MCUA Submits Comments on CFPB International Remittance Transfers Rule

Jun
12
MCUA Submits Comments on CFPB International Remittance Transfers Rule

The Missouri Credit Union Association (MCUA) submitted its comment letter on the Consumer Financial Protection Bureau's (CFPB) latest international remittance transfers proposed rule on Friday, June 6.

Posted By Sharon Bahr read more

Pages

Subscribe to RSS - CFPB