User login

new

MCUA Comments on NACHA's Latest Compliance & Operational Topics Proposal

Apr
08
MCUA Comments on NACHA's Latest Compliance & Operational Topics Proposal

The Missouri Credit Union Association (MCUA) has filed a comment letter on The Electronic Payments Association's (NACHA) latest compliance and operational topics proposal.

Posted By Sharon Bahr read more

Credit Union Bill Passes Missouri House

Apr
03
Credit Union Bill Passes Missouri House

The Missouri House of Representatives voted overwhelmingly in support of HB 478, a bill modernizing the Missouri Credit Union Statute dealing with joint accounts.  The vote of 153-1 took place on April 2.  Rep. Kimberley Gardner (D-District 77) was the only opposing vote.

Posted By dkent read more

CFPB Amends Reg Z Credit Card Fee Limitation

Apr
01
CFPB Amends Reg Z Credit Card Fee Limitation

The Consumer Financial Protection Bureau (CFPB) has issued a final rule to amend Regulation Z, Truth in Lending Act (TILA), and Reg Z’s official commentary regarding limitations on fees that credit card issuers may charge.  Reg Z generally limits the total amount of fees that an issuer may charge on a consumer’s credit card account to 25% of the credit limit in effect when the account is opened.

Posted By Sharon Bahr read more

MCUA Hosts Fundraiser for Four Representatives

Mar
28
MCUA Hosts Fundraiser for Four Representatives

The Missouri Credit Union Association hosted a fundraiser on behalf of State Representatives Sheila Solon (R-District 31), Marsha Haefner (R-District 95), Diane Franklin (R-123), and Kathie Conway (R-104) on Wednesday, March 27. More than 40 friends and supporters visited Credit Union House, located in Jefferson City, throughout the evening.

Posted By dkent read more

New ATM Disclosure Requirements to Take Effect

Mar
26
New ATM Disclosure Requirements to Take Effect

Missouri credit unions will soon be able to implement changes to ATM disclosure requirements.  The Consumer Financial Protection Bureau (CFPB) has issued a final rule amending Regulation E.  This final rule implements the change in ATM disclosure requirements that was passed by Congress in December.  The changes to Regulation E take effect as soon as the final rule is published in the Federal Register, which is anticipated this week.

Posted By Amy McLard read more

MCUA Comments on FFIEC Social Media Use Guidance

Mar
25
MCUA Comments on FFIEC Social Media Use Guidance

The Missouri Credit Union Association (MCUA) has submitted a comment letter about social media guidance to the Federal Financial Institutions Examination Council (FFIEC).

Posted By Sharon Bahr read more

FinCEN CDD Proposal Update; Virtual Currencies Guidance

Mar
25
FinCEN CDD Proposal Update; Virtual Currencies Guidance

The U.S. Treasury Financial Crimes Enforcement Network (FinCEN) will likely issue a proposed rule on customer due diligence (CDD) in the “coming weeks,” based on recent comments by senior U.S. Treasury officials.

Posted By Sharon Bahr read more
Posted By Sharon Bahr read more

Missouri’s Clay Cosponsors MBL Bill

Mar
21
Missouri’s Clay Cosponsors MBL Bill

Congressman William Lacy Clay (D-District 1) has signed on as a cosponsor to H.R. 688, the Credit Union Small Business Jobs Creation Act.  He is the first cosponsor on this bill from Missouri, and also supported the member business lending (MBL) bill introduced in the last Congress.

Posted By Amy McLard read more

Missouri’s Blunt Cosponsors Privacy Notice Bill In Senate

Mar
21
Missouri’s Blunt Cosponsors Privacy Notice Bill In Senate

Missouri U.S. Senator Roy Blunt (R) is an original cosponsor to S. 635, a privacy notice bill introduced in the Senate on March 21. 

Posted By Amy McLard read more

Pages

Subscribe to RSS - new