CUNA July 14, 2017
Congressional Republicans’ latest financial reform plan may have little chance of becoming law in its entirety, but there’s one piece on which both parties should agree: providing relief for small banks and credit unions.
WASHINGTON—Sen. Elizabeth Warren said Tuesday that Senate Democrats are willing to pursue targeted changes for regulations affecting community banks and credit unions as Congress moves to review postcrisis financial regulations.
VIDEO: Senator Joe Donnelly introduces Dallas Bergl during Senate Banking hearing.
Approximately $73 per member per year on average. That’s how much the Consumer Financial Protection Bureau’s regulation burdens cost Clark County Credit Union during the 2015 to 2016 period.