Law and regulation

As if ADA suits weren't enough, a California-based law firm is using social media advertising to search for credit union members who have been charged overdraft fees, in the hopes of filing a potential class-action suit.

The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details.

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.

The city wanted to sever its relationship with the bank, but it ran into a big obstacle.

The European Union’s General Data Protection Regulation could serve as groundwork for future U.S. rules, so analysts suggest credit unions at least begin working toward compliance.

California lawmakers have voted to authorize the establishment of state-chartered banks for the limited purpose of serving the marijuana industry.

Just two months ago, Comptroller Joseph Otting seemed to signal that the OCC might be open to letting national banks rent their charters to payday lenders. Now he is clarifying that it won’t happen.

At the 2018 CUNA CFO Council conference, an NCUA staffer offered examples of how the regulator aims to improve the exam process and make it easier for credit unions to do business.

Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.