Business Lending Spotlight: West Community Credit Union
This is part of a series of stories highlighting credit unions making small business loans in Missouri. Credit unions in each region are urged to call and email our U.S. Senators in support of S. 2231, sharing stories about the people who are helping small businesses grow, and the small business owners who benefit when they have more financial options.
Credit unions have additional time to weigh in on the impacts of overdraft programs on consumers. The Consumer Financial Protection Bureau (CFPB) is extending the Overdraft Notice comment period until June 29. The original deadline was April 30.
This week's edition of the SpringfieldBusiness Journal includes an op-ed by Missouri Credit Union Association President/CEO Mike Beall, highlighting the need to help small business owners and urging Senators McCaskill and Blunt's support of S. 2231, the Credit Union Small Business Jobs Act.
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,
The latest CUNA Regulatory Advocacy Report is now available, covering a range of issues including a letter from NCUA Board Chairman Debbie Matz . CUNA's Examination and Supervision Subcommittee will be following up on several of these issues, such as NCUA’s examination review. The report includes: