Also: Thaler reiterates call for CUs to add underserved areas to FOM; NCUA to offer fraud prevention webinar
NAFCU TODAY | The News You Need Daily.
July 13, 2021
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NAFCU offers Federal Reserve recommendations on account, payment service access [ [link removed] ]
NAFCU Senior Counsel for Research and Policy Andrew Morris Monday wrote to the Federal Reserve to offer the association's concerns and recommendations regarding a set of proposed guidelines the Federal Reserve Banks will use when evaluating requests for accounts and payments services.
NAFCU details how CUs fill the void left by banks in rural, underserved areas ahead of hearing [ [link removed] ]
Ahead of a House Small Business subcommittee hearing examining the role of small businesses and entrepreneurship in rural recovery, NAFCU Vice President of Legislative Affairs Brad Thaler detailed how credit unions have long been a critical provider of financial services for rural and underserved areas and urged members of the subcommittee to consider allowing all types of credit union charters to add underserved areas to their fields of membership.
NCUA, CFPB to host webinar on fraud prevention for servicemembers [ [link removed] ]
The NCUA's Office of Consumer Financial Protection in partnership with the CFPB’s Office of Servicemember Affairs and the Federal Trade Commission (FTC) will host a webinar to raise awareness of important consumer financial protection issues specific to servicemembers and their families as part of Military Consumer Month.
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