NCUA, CFPB Memorandum Calls for Coordination of Compliance, Enforcement

The Consumer Financial Protection Bureau and the National Credit Union Administration released the Memorandum of Understanding that they signed recently, without waiting for the processing of a Freedom of Information Act request. The MOU says the NCUA and CFPB will attempt to coordinate their regulation of credit unions with assets of more than $10 billion.

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NCUA, CFPB Memorandum Calls for Coordination of Compliance, Enforcement

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