How GDPR Will Affect U.S. Credit Unions

The experts at law firm Farleigh Wada Witt share what the European Union’s General Data Protection (GDPR), effective May 25, will mean for American credit unions.

CFPB Releases Updates to Prepaid Account Rule

The amendments are designed to provide more flexibility and extend the effective date to April 2019.

Cash-out Crews Activate ATM Attacks Across the Nation

The attacks specifically target Diebold 500 and 700 series frontloading ATMs. Here are several steps credit unions can take to mitigate the risk of ATM jackpotting.

Tax Refund Fraud Prevention Reminder

Tax season is fast approaching. Now is a good time to review these tips from FinCEN on identifying tax refund fraud.

Washington State Division of Credit Unions Releases Examination Focus for 2018

To help your credit union better prepare for examinations, here are the highlights from the bulletin.

NCUA Releases Supervisory Priorities for 2018

See details on the administration’s areas of focus for examinations in the coming year.

Federal Regulators Release Updated Rulemaking Agenda

See highlights of the latest updates to the unified agenda from the CFPB, NCUA, and FinCen.

Compliance News: Department of Defense Issues Updated MLA Guidance

See highlights of the update, plus recent legal briefs and answers to your compliance question of the week.

FinCEN Launches “FinCEN Exchange”

The program will brief financial institutions on illicit finance threats, enabling your credit union to better identify risks and focus on high-priority issues.

DOL Delays Fiduciary Rule Effective Date

The 18-month extension of the Fiduciary Rule’s Best Interest Contract Exemption and the Principal Transaction Exemption requirements will give the Department more time to consider public comments.

Rule Changes to Disability Benefit Plans Effective Jan. 1, 2018

Department of Labor increases consumer protections in denial of benefits cases.

Compliance Answers: How to Detect Counterfeit Bills

NWCUA’s compliance team answers your questions about how to determine if someone has passed you counterfeit money, and what to do once you’ve determined it is counterfeit.

Alert: ADA Website Accessibility Claims Spread to Northwest

As ADA website compliance demand letters appear in the Northwest, here are some proactive steps credit unions can take.

Bankruptcy Rule and Forms Changes

Several amendments to the Federal Rules of Bankruptcy Procedures will go into effect on Dec. 1, 2017.