
CFPB Arbitration Proposal is Looming Over CU Shoulders
The hearing regarding the Arbitration Proposal drafted by the CFPB is occurring today. If it passes as it is, some worry that it will put credit union members in a position of harming the credit unions they themselves own by skippingĀ traditional steps of in-house resolutions in favor of legal challenges. CUNA is hoping to help raise some critical issues with the House Financial Services subcommittee on financial institutions. [5/18/16]


