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MCUA Comment Letters

Focus on NACHA and ACH Rules

Oct
13
Focus on NACHA and ACH Rules

The Missouri Credit Union Association (MCUA) sent a comment letter on October 9, 2015, to NACHA - the Electronic Payments Association regarding their request for comments on proposed changes that would require Originating Depository Financial Institutions (ODFIs) to re

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FFIEC Cybersecurity Assessment Tool Should Remain Voluntary

Sep
24
FFIEC Cybersecurity Assessment Tool Should Remain Voluntary

The Missouri Credit Union Association (MCUA) sent a letter to the Office of the Comptroller of the Currency, which is collecting comments on behalf of the Federal Financial Institutions Examination Council (FFIEC). The FFIEC is currently soliciting input on the repor

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MCUA Submits Comment on DOL's Proposed Overtime Rule

Sep
07
MCUA Submits Comment on DOL's Proposed Overtime Rule

On September 4, 2015, the Missouri Credit Union Association (MCUA) filed comments with the Department of Labor (DOL) concerning a proposed rule which would raise the salary threshold for overtime eligibility. The proposed rule would raise the salary threshold for overtime eligibility, from $455 a week ($23,660 a year) to a projected level of $970 a week ($50,440 a year) by 2016.

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MCUA Comments on NCUA MBL Proposal

Sep
04
MCUA Comments on NCUA MBL Proposal

​The Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) regarding the agency's Member Business Lending Proposal on August 31, 2015. 

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MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

Jun
15
MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

In a May 18th comment letter to the Consumer Financial Protection Bureau (CFPB), the Missouri Credit Union Association (MCUA) provided input on a number of issues related to the credit card market.

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MCUA Expresses Concerns with Reg CC & Reg D

May
19
MCUA Expresses Concerns with Reg CC & Reg D

In a comment letter filed on May 14, 2015, Missouri Credit Union Association (MCUA) reiterated concerns with withdrawal or transfer limits on savings accounts and proposed changes for remote deposit capture.

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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.

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MCUA Weighs In on FAF's Private Company Council

May
12
MCUA Weighs In on FAF's Private Company Council

The Missouri Credit Union Association (MCUA) filed a comment letter on May 11, 2015, providing several suggestions to improve the Financial Accounting Foundation's (FAF) Private Company Council (PCC), which was established in May 2012 to improve the process of setting ac

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MCUA Opposes FHFA Proposal on FHLB Membership Eligibility

Jan
13
MCUA Opposes FHFA Proposal on FHLB Membership Eligibility

The Missouri Credit Union Association (MCUA) filed a letter on January 12, 2015, with the Federal Housing Finance Agency (FHFA) regarding its proposal on membership requirements for Federal Home Loan Banks (FHLBs).

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MCUA Files Comment Letter on Interagency Flood Insurance Rules

Jan
12
MCUA Files Comment Letter on Interagency Flood Insurance Rules

The Missouri Credit Union Association (MCUA) filed a comment letter with the National Credit Union Administration (NCUA) on December 29, 2015, addressing the proposed interagency flood insurance rule.

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