User login

Consumer Financial Protection Bureau

CFPB Delays Mortgage Disclosures to October 1

Jun
23
CFPB Delays Mortgage Disclosures to October 1

The Consumer Financial Protection Bureau (CFPB) has announced a two-month delay of a new rule, which would combine two mortgage disclosure regimes—the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA). The news broke during the Missouri Credit Union Association’s (MCUA) statewide training seminar that addressed TILA-RESPA (also known as TRID).

Posted By Nora Holloway read more

CFPB Calls for More Missouri Input

Jun
15
CFPB Calls for More Missouri Input

If your credit union offers overdraft protection (ODP) and has not participated in the Missouri Credit Union Association (MCUA) ODP survey – the Consumer Financial Protection Bureau is requesting your credit union’s input.

Posted By Nora Holloway read more

Privacy Notification Change May Affect Your Credit Union

Jan
09
Privacy Notification Change May Affect Your Credit Union

Sending out annual privacy notices is a costly regulatory requirement that can also create confusion with members. While the 113th Congress did not pass privacy notification legislation by year-end 2014, there is an alternative option available to Missouri’s credit unions via a new rule from the Consumer Financial Protection Bureau (CFPB). 

Posted By Nora Holloway read more

CUNA Seeks Input from Credit Unions

Oct
28
CUNA Seeks Input from Credit Unions

The Credit Union National Association (CUNA) seeks input from credit unions planning to stop international remittance transfers. The Consumer Financial Protection Bureau's (CFPB) international remittance transfer rule became effective on October 28, 2013.  

Posted By Sharon Bahr read more

CFPB Issues New Clarifications to Mortgage Rules

Jul
16
CFPB Issues New Clarifications to Mortgage Rules

Last week, the Consumer Financial Protection Bureau​ (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and mortgage servicing rules.

Posted By Nora Holloway read more

MCUA Supports CFPB Efforts to Delay Credit Insurance Prohibition

May
30
MCUA Supports CFPB Efforts to Delay Credit Insurance Prohibition

The Missouri Credit Union Association (MCUA) filed a letter strongly supporting the Consumer Financial Protection Bureau (CFPB)

Posted By Nora Holloway read more

Credit Unions Invited to Attend CFPB Consumer Advisory Board Inaugural Meeting on Sept. 27

Sep
19
Credit Unions Invited to Attend CFPB Consumer Advisory Board Inaugural Meeting on Sept. 27

CFPB Consumer Advisory Board Inaugural Meeting on Thursday, September 27 – St. Louis

Missouri credit union leaders are invited to attend the Consumer Financial Protection Bureau (CFPB)’s Inaugural Meeting of its Consumer Advisory Board on Thursday, September 27, 2012 in St. Louis, Missouri.

Here are the meeting details:

Posted By Amy McLard read more

Pew Report on General Purpose Reloadable Prepaid Cards

Sep
10
Pew Report on General Purpose Reloadable Prepaid Cards

On Wednesday, the Pew Charitable Trusts released a report on general purpose reloadable (GPR) prepaid cards. The Pew report focused on GPR prepaid cards that can be used to make purchases, withdraw money from ATMs, and pay bills for consumers. Pew recommends that the CFPB adopt additional regulatory requirements on GPR prepaid cards.

Posted By abucaida@mcua.org read more

Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Aug
31
Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Missouri credit unions have an opportunity to weigh in on the Consumer Financial Protection Bureau’s (CFPB) final rule on international remittance transfers.  CFPB Director Richard Cordray has asked the Credit Union National Association (CUNA) to assemble a working group that will meet with him in-person to discuss the rule and its impact on credit unions. 

Posted By Amy McLard read more

Missouri Credit Unions Urged to Weigh In on Overdraft Protection

May
11
Missouri Credit Unions Urged to Weigh In on Overdraft Protection

Missouri Credit Unions Urged to Weigh In on Overdraft Protection
Survey Responses Due May 25

The overdraft protection issue is being raised again – both by Congress and by the Consumer Financial Protection Bureau (CFPB).  Credit unions nationwide are asked to take part in a national survey to address these concerns.

Posted By Amy McLard read more

Pages

Subscribe to RSS - Consumer Financial Protection Bureau