WASHINGTON–The Federal Communications Commission(FCC) approved a Report and Order and issued a Further Notice of Proposed Rulemaking (FNPRM), which finalizes modernized Telephone Consumer Protection Act (TCPA) rules and streamlined ability for callers to revoke consent, according to America’s Credit Unions.
The trade group said it has issued a Regulatory Comment alert on the FNPRM.
America’s Credit Unions said its advocacy led to the inclusion of several credit union recommendations in the final rule, “after the previous one rule was inadequate.” It said it successfully advocated for a delay of the concerning rule from the original April 2026 implementation to “allow further advocacy to allow the FCC to address credit union concerns.”
What’s Included
According to America’s Credit Unions, the final Report and Order:
- Allows callers to interpret a revocation request as applying only to the specific category of informational robocalls to which the revocation was directed;
- Allows callers to designate an exclusive means to revoke consent;
- Modifies the exemption from the consent requirement for financial institutions to allow them to more easily alert customers to fraudulent activity on their account; and
- Delegates authority to the Consumer and Governmental Affairs Bureau to review the rules implementing the TCPA to ensure that those rules are clear and easy to understand.
Comment Sought
“The FNPRM seeks comment on updating various TCPA-related rules including revisiting the timeframe for callers to honor revocation requests, requiring two-way texting functionality to allow for revocation via reply text, requiring callers to provide a method to revoke consent to all robocalls, and the treatment of affiliates,” America’s Credit Unions said.
It added that comments can be submitted to America’s Credit Unions by Oct. 19 to shape its comments. Feedback is due to the FCC within 30 days of publication in the Federal Register.
Feedback on CDFI Fund
Separately, America’s Credit Unions said credit unions can provide feedback to the Treasury’s Community Development Financial Institutions (CDFI) Fund through a request for comment on the CDFI Certification Application, tools, and policies published this week.
According to the trade group, proposed changes to the application include:
- Eliminating the “accountability” section. Entities would no longer be required to have approved board membership accountability to each proposed Target Market, but instead have it assessed through an entity’s financial product and financial services activity in their proposed Target Markets;
- Ending eligibility for all Other Targeted Population Target Markets based on race or ethnicity. Currently certified CDFIs that rely on these markets would have a planned one-year transition period to requalify; and
- Adding questions on administrative proceedings history and compliance in other federal award programs.
America’s Credit Unions added the Fund is also requesting comments on the timing and availability of the CDFI Certification Application, efforts to target fraud, waste, and abuse in federal programs, revisions to application questions and attachments, and eligibility requirements for CDFI Certification.
Comments are due Nov. 30.
The request for comment can be found here.
