In response to the Consumer Financial Protection Bureau’s (CFPB) Request for Information (RFI) on its data collection practices, the National Association of Federal Credit Unions (NAFCU) has issued a regulatory alert to its members.
The NAFCU is seeking feedback on how to reduce credit unions’ burdens while ensuring adequate data collection.
Read on for details on the regulatory alert, which will be taking comments from NAFCU members until Dec. 7.
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