CUSO

Summary on NCUA Research Note on Overdraft, NSF Fees at Credit Unions

NCUA Research Note on Overdraft, NSF Fees at Credit Unions NASCUS Legislative & Regulatory Affairs Committee (January 16, 2025) The National Credit Union Administration (NCUA), Office of the Chief Economist...

CFPB Summary: Regarding the Collection, Use, and Monetization of Consumer Payment & Other Personal Financial Data

NASCUS Summary of CFPB Request for Information Regarding the Collection, Use, and Monetization of Consumer Payment and Other Personal Financial Data January 15, 2025 Docket No. CFPB-2025-0005 The Consumer Financial...

NCUA LTCU Summary: Cyber Incident Notification Requirements Update to Letter 23-CU-07

NCUA Letter to Credit Unions 25-CU-02 Cyber Incident Notification Requirements Update to letter 23-CU-07 NASCUS Legislative and Regulatory Affairs January 13, 2025 The NCUA issued its second letter to credit...

NCUA’s 2025 Supervisory Priorities Summary

Letter to Credit Unions 25-CU-01: NCUA’s 2025 Supervisory Priorities NASCUS Legislative and Regulatory Affairs January 8, 2025 On January 7, 2025, the NCUA issued Letter to Credit Unions 25-CU-01 outlining the...

CFPB Circular Summary: Design, marketing & administration of credit card rewards programs

NASCUS Summary re: CFPB Circular 2024-07: Design, marketing and administration of credit card rewards programs December 18, 2024 The Bureau issued CFPB Circular 2024-07 to answer the following question –...

CFPB Executive Summary on Residential PACE Financing Final Rule

NASCUS Summary re: CFPB Executive Summary on Residential PACE Financing Final Rule December 2024 The Consumer Financial Protection Bureau (CFPB) issued a final rule on Residential Property Assessed Clean Energy...

CFPB Executive Summary on Overdraft Lending Fees

NASCUS Summary re: CFPB Executive Summary on Overdraft Lending Fees December 2024 The Consumer Financial Protection Bureau issued a final rule that amends Regulation Z and E to ensure that...

Summary: Agencies Issue Guidance on Elder Financial Exploitation

Agencies Issue Guidance on Elder Financial Exploitation December 18, 2024 On December 4, 2024, the six federal banking agencies and the state financial regulators issued a statement titled “Interagency Statement...

Summary: 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices

NCUA Letter to Credit Unions 24-CU-03 Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices NASCUS Legislative and Regulatory Affairs Department December 10, 2024 The NCUA Board has...

CFPB Executive Summary on Personal Financial Data Rights Final Rule

NASCUS Summary re: CFPB Executive Summary on Personal Financial Data Rights Final Rule Nov 2024 The Bureau issued a proposed rule and request for comments in October 2023 regarding implementation...

NCUA Summary: Letter to Credit Unions — Board of Director Engagement in Cybersecurity Oversight

NCUA Summary Letter to Credit Unions 24-CU-02 Board of Director Engagement in Cybersecurity Oversight NASCUS Legislative and Regulatory Affairs Department October 22, 2024 The NCUA Board has issued its second...