Disclosure Exposure

March 2012
Credit Union Journal;3/12/2012, Vol. 16 Issue 11, p1
Trade Publication
The article discusses the disclosure issues of banks and credit unions (CU) with their overdraft charges and assessment of fees to their clients and members. According to Michael Moebs, Moebs $ervices chief executive officer (CEO), financial institutions (FI) could get rid of the regulatory procedures of the U.S. Consumer Financial Protection Bureau (CFPB) in overdraft pricing if FIs could take actions in being transparent in their disclosures. A graph regarding the issues is also included. INSET: OD Revenue Streams Should Be Safe For 2012.


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