NAFCU Pursues Legal Action Over FCC Phone Act Rule

NAFCU has requested a federal appeals court to permit it to join an action against the FCC’s order under the Telephone Consumer Protection Act that generally prohibits financial institutions from autodialing their account holders. At issue is that the narrow exemption that permits certain autodialed calls to address fraud and identity theft is not broad enough to allow credit unions to communicate with their members when they need to share important information. [9/28/15]