CUNA outlines TCPA reg relief needs to Senate Commerce Committee

Credit unions need regulatory relief regarding the Telephone Consumer Protection Act (TCPA), CUNA wrote to the Senate Commerce Committee Tuesday. CUNA sent its letter for the record of the committee’s hearing on oversight of the Federal Communications Commission (FCC).

CUNA has raised numerous concerns about a 2015 TCPA omnibus ruling that resulted in uncertainty about how to comply with the TCPA and continue to provide important account information to members.

The FCC began reexamining its TCPA interpretation after the D.C. Circuit challenged the legality of the 2015 Omnibus TCPA Declaratory Ruling and Order issued by the FCC.

“Communications between a credit union and its members are responsible and focused on providing members with crucial, time-sensitive financial information, such as account balances and fraud alerts,” the letter reads. “In addition, many credit unions provide important information related to credit union governance and voting issues through these direct communications. Clearly, these communications do not fall into the same class of annoying and invasive telemarketing calls that the TCPA was intended to prevent.

 

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