California and Nevada's voice in Washington D.C. The Leagues are the only Leagues with a full time staff dedicated to working with Congress, Government Agencies, and Federal Regulators. The resources in this area will help you keep informed of the latest developments and credit union priorities.
State Government Advocacy efforts brings the voice of credit unions to Sacramento and Carson City. Our advocacy team works daily with elected officials, staff, the executive offices, gubernatorial appointees, and the decision-makers of California and Nevada. This area will keep you updated on all advocacy efforts at the state level of Government.
The bureau issued an advanced notice of proposed rulemaking in May 2012 seeking comments and information from the public about general-purpose reloadable (GPR) prepaid cards.
The CFPB is now drafting a proposed rule and testing model disclosure forms. It expects to complete testing in April and issue a proposed rule regarding prepaid cards this spring, likely in May.
Credit unions can comment on the model disclosures on the CFPB’s website, and will also have an opportunity to do so during the proposed rule stage.
If your credit union issues GRP prepaid cards, the California and Nevada Credit Union Leagues encourage you to review and comment on the model disclosure forms to help shape the proposed rule before it is issued. Take action today by visiting PowerComment!
Political Action Committees are organized for the purpose of raising and spending money to elect and defeat candidates, representing business, labor or ideological interests.