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Credit unions now labeling themselves community banks: Romero Rainey

Community bankers have for years warned of the expansion of credit union powers, but Navy Federal Credit Union’s new “Community Bank” brand indicates credit unions recognize they’ve gone too far.

Oct 11, 2023
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Article
Credit Unions

Chopra: CFPB’s 1033 consumer data proposal coming this month

The Consumer Financial Protection Bureau this month will propose standards for sharing consumer financial data, CFPB Director Rohit Chopra said.

Oct 10, 2023
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Article
Compliance

ICBA releases handout on 1071 rule for small-business customers

ICBA added a new handout for small-business customers to its collection of customizable tools on the Consumer Financial Protection Bureau’s Section 1071 rule.

Oct 10, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Interagency appraisal panel meeting next month

The Federal Financial Institutions Examination Council’s Appraisal Subcommittee next month is scheduled to hold its third public hearing on appraisal bias, the residential appraisal process, and...

Oct 10, 2023
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Article