PYMNTS

OCTOBER 6, 2017

The rules also make an exemption for community banks, credit unions and any other lenders that have not made such loans a big part of their business. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted. So Now What? And there are a few avenues.

CFPB 51

CFPB Regs Rules Credit Union 51

PYMNTS

OCTOBER 6, 2017

The rules also make an exemption for community banks, credit unions and any other lenders that have not made such loans a big part of their business. Notably, we have no intention of disrupting lending by community banks and credit unions,” Cordray noted. So Now What? And there are a few avenues.

Rules 40

Rules CFPB Credit Union Regulations 40

PYMNTS

OCTOBER 11, 2017

“The final rule published today will devastate an industry that serves nearly 30 million American customers each year,” noted Edward D’Alessio, executive director of the Financial Service Centers of America. million comments submitted. Banks need clear guidelines from a host of players. Unfortunately, they might have to wait.

Rules 43

Rules CFPB NCUA Credit Union 43