Consumer Credit Reporting Practices

00-CU-01 / March 2000
Consumer Credit Reporting Practices
To
Federally Insured Credit Unions
Subject
Consumer Protection
Status
Active
To
Federally Insured Credit Unions
Subj
Consumer Credit Reporting Practices
Encl

The purpose of this letter is to make you aware of guidance recently released by the Federal Financial Institutions Examination Council (“FFIEC”)1 to financial institutions regarding consumer credit reporting practices. Please review the enclosed FFIEC Advisory Letter. A NCUA point of contact is provided in the Advisory Letter for further information.

____________/s/________________________

Norman E. D’Amours

Chairman

National Credit Union Administration Board

1Members include: National Credit Union Administration, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Office of Thrift Supervision.

Enclosures

Last modified on
03/19/20