Requesting Feedback from Credit Unions on CFPB Small-Dollar Rule
CUNA is urging credit unions to give feedback on the CFPB's small-dollar rule and its impact on smaller institutions. The feedback is due to CUNA by Aug. 31. In taking steps to alleviate some of the concerns that CUNA has had after its early analysis, they have requested that NCUA chair Rick Metsger work closely with the CFPB and other organizations to reduce the impact this rule could have on the financial industry. [6/29/16]