From News from America's Credit Unions <[email protected]>
Subject CFPB’s bad policies on fees hurt everyone
Date April 23, 2024 11:11 AM
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CUNA and NAFCU are now America's Credit Unions.

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April 23, 2024

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CFPB’s bad policies on fees hurt everyone ([link removed] )

In a new op-ed for CU Insight, America’s Credit Unions Chief Advocacy Officer Carrie Hunt called the CFPB’s war on financial fees “bad math and even worse policy.” Hunt emphasized that credit unions are not charging fees to maximize revenue. Instead, credit unions use fees “to cover the cost of doing business.” She also noted …

FCC should deny request to extend required opt-out to all artificial, recorded calls ([link removed] )

The Federal Communications Commission (FCC) should reject a request to require an automated opt-out mechanism on every call with an artificial or prerecorded message, including those made to cell phones, America’s Credit Unions and other organizations wrote in comments filed with the FCC. Existing rules require a caller to provide an opt-out mechanism when making …

HUD updates minimum property standards for flood hazard exposure ([link removed] )

The Department of Housing and Urban Development (HUD) published a final rule Tuesday revising regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard (FFRMS). Among other revisions, the rule: The final rule will go into effect May 23.

TruStage contributes $250K to credit union interchange efforts ([link removed] )

TruStage presented America’s Credit Unions with a $250,000 contribution to bolster credit union advocacy against proposals to alter the current interchange system. TruStage President/CEO Terrance Williams joined America’s Credit Unions President and CEO Jim Nussle Monday at the National Credit Union Roundtable to highlight the impact the contribution will have in educating policymakers on the …

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