The CFPB’s recent statement provides guidelines to assist financial institutions in complying with regulatory requirements regarding LEP consumers.
This year’s exam focus includes allowance for loan and lease losses, changes in asset quality, potential interest rate risk changes, liquidity, and more.
NCUA Board Approves Final Rule to Codify Interagency Statement Clarifying Role of Supervisory Guidance
The rule confirms agencies will follow and respect the limits of administrative law in carrying out their supervisory responsibilities.
Those who filed for unemployment in 2020 may be impacted. Help members take protective action.
Changes include updates to HMPL escrow exemption thresholds, field of membership definitions, and more.
This year’s priorities include allowances for loan and lease losses, BSA and CARES Act compliance, consumer financial protection, and more.
VISA notes that some cards will bear the names of two cardholders on the front if the payment is being made to joint tax-filers.
Vaccine fraud may include the sale of unapproved and illegally marketed vaccines, the sale of counterfeit versions of approved vaccines, and illegal diversion of legitimate vaccines.
Credit unions should be aware of new changes to odometer exemptions, license and vehicle tag grace periods, and more.
Lenders can find the updated TOD and title application form templates online.
Credit unions are wondering how to deal with escrow accounts that are in either CARES Act forbearance or forbearance under the provisions of Oregon’s H. 4204.
The survey aims to collect valuable insights from industry respondents regarding cybersecurity structure, reporting, fraud, and more.
The agency strongly encourages Oregonians who live in and around areas impacted by the recent wildfires to purchase flood insurance now.
Resources from CISA are available to credit unions of all sizes to assess and improve their cybersecurity posture.