Before the inception of the CFPB in 2011, credit unions were regulated by the NCUA; however, Dodd-Frank granted the CFPB examination and enforcement authority over credit unions with assets over $10 billion, leaving the NCUA with oversight only over safety and soundness issues at institutions above that mark. In addition to examination and enforcement of large credit unions, credit unions are subject to a majority of the CFPB’s regulations. Should the CFPB end or in some way change the relationship it has with credit unions? Here is what the NCUA, CUNA, and the CFPB have to say on the matter. I’ve added my opinion as well - hopefully the perspectives of an attorney who has worked in both banks and credit unions, and now for a RegTech firm, may be of some value to the reader.