The Federal Reserve Board has proposed changes to Reg Z relating to credit insurance and debt protection disclosures that could negatively impact credit unions' sales of these products. We need your help to combat this proposal before the public comment period ends on December 23, 2010!
In this podcast, we visit with Cathy Klimek, Counsel for Securian Financial Group. Cathy is an expert on Reg Z and will discuss the proposed rule and how it may affect credit unions if finalized. Cathy has been an attorney with Securian for the past 13 years, concentrating extensively on Reg Z, and providing compliance and legal advice for Securian’s Loan Documentation area as well as their credit insurance and debt protection products.
Securian Financial Group is the NAFCU Services Corporation Preferred Partner for Credit Insurance & Debt Protection for credit unions.
Interviewer: David C. Frankil, President, NAFCU Services Corporation, firstname.lastname@example.org; (703) 842-2226
Show References: www.nafcu.org/securian
Referenced materials for download:
Securian Chairman & CEO, Robert L. Senkler's Letter to Chairman Bernanke (September 30, 2010)