From NAFCU Today <[email protected]>
Subject CFPB issues new guidance on overdraft fees
Date October 27, 2022 11:06 AM
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Also: A roundup of the latest Compliance Blog posts

October 27, 2022

CFPB issues guidance on ‘illegal junk fees’ ([link removed] )

The CFPB Wednesday released guidance regarding ‘illegal junk fees’ on deposit accounts, specifically surprise overdraft fees and the practice of indiscriminately charging depositor fees to every person who deposits a check that bounces. In addition, CFPB Director Rohit Chopra joined President Joe Biden during a speech to highlight the Administration’s crackdown on these fees.

New on the Compliance Blog: SCRA misconceptions, FinCEN CTA rules ([link removed] )

As credit unions work to meet the needs of more than 133 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog, published every Monday and Wednesday.

New home sales dip in September ([link removed] )

New home sales fell 10.9 percent in September to 603,000 annualized units. Sales in August were revised down 8,000 units. Compared to last year, September sales were down 17.6 percent. NAFCU Chief Economist and Vice President of Research Curt Long analyzed the data in the latest Macro Data Flash report.

Regulatory Compliance School

Learn credit union compliance from A to Z and earn your NCCO in Arlington, VA March 13 – 17, 2023. Save $200.00 with code SCHOOLSAVINGS for a limited time.

View the Agenda & Learn More ([link removed] )

Untitled (167 × 300 px) ([link removed] )

NAFCU CALENDAR ([link removed] )

NOV

4
NCUA - Member Expulsion Bylaws Amendment ([link removed] )

Comments Due to NAFCU

NOV

8 - 10
Lending Conference ([link removed] )

Greenville, SC

NOV

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CU Research Survey Due ([link removed] )

Topic: Cybersecurity

NOV

11
NCUA - Subordinated Debt ([link removed] )

Comments Due to NAFCU

NAFCU Vendor Directory - Digital and Online Banking ([link removed] )

Strategic Growth Conference | March 21 – 23, 2023 | Nashville, TN ([link removed] )

Join other forward-thinking leaders and peers in Nashville to discover strategies that will intensify your credit union's growth at NAFCU's Strategic Growth Conference. Save $200.00 with code GROWTHSAVINGS. View the agenda ([link removed] ) .

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National Association of Federally-Insured Credit Unions. 3138 10th St N Arlington, Virginia 22201

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