Topic: Lending
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CFPB removes Reg. B provisions on disparate impact
NEWS: The Consumer Financial Protection Bureau (CFPB) issued a final rule that amends rules related to disparate impact discrimination, discouragement of applicants or prospective applicants, and special purpose credit programs under Regulation B […]
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Can CUs set off on a deceased member’s account?
Q&A: Here’s a question that a Wisconsin credit union recently asked The League’s Legal Affairs team, along with our answer. Do you have a compliance question? Contact The League’s Compliance […]
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NCUA launches Round 8 of its Deregulation Project
COMMENT CALL: The National Credit Union Administration (NCUA) announced its eighth round of proposed regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to ensure […]
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NCUA launches Round 6 of its Deregulation Project
COMMENT CALL: The National Credit Union Administration (NCUA) has announced the sixth round of proposed regulatory changes associated with NCUA’s Deregulation Project. The project is an ongoing review of NCUA’s regulations to […]
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OCC: Truth in Lending – Comptroller’s Handbook CC-SCRA (Nov 2025, Ver. 1.1)
Consumer Compliance (CC), Servicemembers Civil Relief Act This booklet provides background information and expanded examination procedures for the Servicemembers Civil Relief Act. This booklet applies to the examination of national banks, […]
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FinCEN eases beneficial ownership verification at each new account opening
NEWS: Under the 2016 Customer Due Diligence (CDD) beneficial ownership rules, credit unions must have written procedures to identify “beneficial owners” – the people who own and control “legal entity customers/members” – […]
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NCUA’s 2026 Supervisory Priorities
NEWS: The NCUA has released its 2026 Supervisory Priorities, outlining where examiners will focus their attention this year as part of a risk-based supervision approach tailored to individual credit union profiles. This […]
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CFPB and the DOJ withdraw joint statement on fair lending
NEWS: On January 12th, the Consumer Financial Protection Bureau (CFPB) announced the withdrawal of an October 2023 joint statement which warned that a creditor’s policies related to an applicant’s immigration or citizenship status could, […]
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Please share your thoughts on eight pending NCUA regulatory relief proposals
COMMENT CALL: In 2025, the National Credit Union Administration (NCUA), along with other federal agencies, began a major initiative to review, and revise (as appropriate) all its regulations. The agency wants […]
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IRS proposes rules on new vehicle interest deduction
COMMENT CALL: The IRS has proposed regulations on the temporary new deduction for interest paid on loans to buy new made-in-America vehicles for personal use after Dec. 31, 2024. Background As explained in this […]