DIVISION OF CREDIT UNIONS

CONSUMER PROTECTION LAWS

 

THAT APPLY TO FINANCIAL INSTITUTIONS INCLUDING FEDERALLY INSURED STATE CHARTERED CREDIT UNIONS

Listed below are the consumer protection laws that apply to federally insured state chartered credit unions and links to the related federal enforcement authority for each law.

Click on each consumer protection law for a brief summary of each law. Also, you can click on the enforcement authority to find more information about the consumer protection laws. Since Reg. B, Reg. C, Reg. CC, Reg. E, Reg. M and Reg. Z are Federal Reserve Regulations, the Federal Reserve web site should be accessed for additional information about them.

Federal Trade Commission (FTC)

1. Reg. B - Equal Credit Opportunity Act (Fed Reg.)
2. Reg. E - Electronic Funds Transfer Act (Fed Reg.)
3. FCPR - Fair Credit Practice Rule
4. FCRA - Fair Credit Reporting Act
5. FDCPA - Fair Debt Collection Practices Act
6. HIDC - Holder in Due Course Rule
7. Reg. M - Consumer Leasing (Fed Reg.)
8. Reg. Z - Truth in Lending (Fed Reg.)

National Credit Union Administration (NCUA)

1. Bank Secrecy Act
2. Reg. C - Home Mortgage Disclosure Act (HMDA) (Fed Reg.)
3. Reg. CC - Expedited Funds Availability Act (Fed Reg.)
4. FDPA - Flood Disaster Protection Act
5. TISA- Truth in Savings Act
6. Gramm-Leach-Bliley Act - Privacy of Consumer Financial Information. Link to the FTC web site for a complete outline and listing of the GLB Act.

Housing and Urban Development (HUD)

1. RESPA - Real Estate Settlement Procedures Act
2. FHA - Fair Housing Act

Federal Reserve (Fed)

1. Reg. D - Reserves on Transaction Accounts

Disclaimer: Links to these web sites are provided to assist you in finding consumer protection information (specifically the Acts and Rules). The Division of Credit Unions does not endorse any of the products or programs found in these web sites. The Division of Credit Unions has no responsibility for the content or accuracy of these web sites.