The National Credit Union Administration proposed amendments to its chartering and field of membership rules with the goal of expanding financial services made available to low- and moderate-income communities.
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Comments on a CFPB proposal to establish a public registry of terms and conditions on form contracts that waive or limit consumer rights and protections are due by April 3, 2023.
The CFPB proposed a registry designed to monitor the use of terms and conditions on form contracts that waive or limit consumer rights and protections.
In a new report, the Congressional Research Service reviewed the federal and state bank charter process and analyzed risks associated with potential charters for FinTech firms and certain issuers of cryptocurrency.
On January 18, 2022, the OCC conditionally approved Social Finance, Inc. applications to charter a full-service national bank.