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50-Plus Credit Unions Run PZC in May

Jun
05
50-Plus Credit Unions Run PZC in May

More than 50 credit unions participated in Missouri's Project Zip Code (PZC) Month in May. These credit union PZC totals represent more than one million credit union members.

Posted By dkent read more

Credit Unions Highlight Concerns in HUD Roundtable

May
29
Credit Unions Highlight Concerns in HUD Roundtable

Credit unions were represented at a roundtable with Housing and Urban Development (HUD) Secretary Julian Castro in Jefferson City.  U.S. Representative Blaine Luetkemeyer (R-District 3), member of the House Financial Services Committee, arranged and took part in the discussion in Jefferson City on May 27.

Posted By Sharon Bahr read more

MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

May
28
MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

Plans by the Consumer Financial Protection Bureau (CFPB) to collect more information for its complaint database is raising concerns with the Missouri Credit Union Association (MCUA).  A comment letter filed by the MCUA on May 26, 2015, addressed the CFPB's Request for Informat

Posted By Sharon Bahr read more

Overdraft Protection Survey Results Are In

May
26
Overdraft Protection Survey Results Are In

The Missouri Credit Union Association will have input from 20 credit unions when discussing overdraft protection issues with the Consumer Financial Protection Bureau (CFPB). 

As of May 22, 20 credit unions had participated in the overdraft protection (ODP) survey. This information will be helpful in illustrating how consumers utilize ODP during Hike the Hill, as credit union leaders discuss the issue with CFPB representatives.

Posted By Nora Holloway read more

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.

Posted By Sharon Bahr read more

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

Overdraft Protection Survey Responses Needed by May 22

May
18
Overdraft Protection Survey Responses Needed by May 22

Credit union leaders are meeting with representatives from the Consumers Financial Protection Bureau (CFPB) during Missouri Hike the Hill on June 8. 

Your credit union’s input is needed to help illustrate how overdraft protection (ODP) operates at credit unions in Missouri and how consumers using credit unions want the ODP option available to them.

Posted By Nora Holloway read more

State Session Adjourns, 5 MCUA Supported Bills Sent to Governor

May
15
State Session Adjourns, 5 MCUA Supported Bills Sent to Governor

Five of the bills worked on by Missouri Credit Union Association (MCUA) Advocacy passed by the time the Missouri state legislative session officially ended on Friday, May 15.  In addition to the bills passed, MCUA worked to stop multiple bills with potential negative affects to member credit unions, and staff continued to build strong relationships with law

Posted By dkent read more

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

Posted By Sharon Bahr read more

Bill Aimed to Offset Costs of Small Dollar Loans Heads to Governor

May
07
Bill Aimed to Offset Costs of Small Dollar Loans Heads to Governor

A bill intended to help financial institutions - including credit unions - offset the costs of providing small dollar loans is headed to the Governor's desk.

Posted By dkent read more

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