NAFCU Files FOIA Request for CFPB Overdraft Findings

Citing a need for more information about "consumer friendly” practices, NAFCU has filed a Freedom of Information Request to obtain the supporting documentation for the CFPB’s recent report on overdraft practices.  The CFPB’s report focused on findings of deceptive practices, but, according to NAFCU, credit unions want to know what practices the CFPB found to be beneficial to consumers. [3/17/15]