Credit Unions Need to Know About CARD Act

One of the many, many, many changes implemented by the CARD Act was expanding the types of changes that trigger advance notice for credit card accounts. There are also a number of exceptions to this rule. So writes Jennifer Aguilar, Regulatory Compliance Counsel, NAFCU.

Credit unions need to know what the CARD Act requires and what the exceptions are.

For small credit unions, keeping up with the task of knowing regulations and remaining compliant can be daunting. TCT Risk Solutions provides Compliance Services that small credit unions find particularly useful.