Reminder of FinCEN’s Guidance on Red Flags to Recognize Human Smuggling and Human Trafficking

Credit unions can play a role in preventing human smuggling and human trafficking. Your NWCUA Compliance Team reviews FinCEN guidance.

Joint Statement on Cyber Insurance and its Potential Role in Risk Management Programs

Considering cyber insurance as part of your risk management program? Your Association’s Compliance Team shares important information.

The NCUA Posts New Share Insurance Fund Equity Distribution FAQs

Federally insured credit unions in the Northwest can find online information about calculating and recording the planned Share Insurance Fund equity distribution plan.

Small Business Health Care Tax Credit Filing Deadline is May 15

Credit unions may be missing “found money” opportunities by not leveraging this tax credit.

The CFPB Releases Mortgage Servicing FAQs

The FAQs address bankruptcy issues of importance to credit union compliance teams.

Washington State Announces the Opening of the Online Retirement Marketplace

The Marketplace offers small business owners and individuals a simple way to shop for state-verified, low-fee retirement savings plans.

Are You Ready for the RDC Indemnity Provision of Reg CC Final Rule?

The 2017 Regulation CC final rule becomes effective on July 1 this year.

Northwest Credit Unions Collaborate to Model Disaster Recovery

Is your credit union ready if the “big one” hits? Get the takeaways from a recent Business Continuity Forum at TwinStar CU

WA DFI Provides Insight into Upcoming Bulletins

Your Association’s Compliance team is providing a heads up on several bulletins just issued, or coming soon from the Washington State Department of Financial Institutions Division of Credit Unions.

CFPB Amends Prepaid Account Rule

The Consumer Financial Protection Bureau (CFPB) has issued final rule amendments to the Prepaid Account Rule. The final rule amendments make three major changes to the Prepaid Account Rule.

Washington State DOR Launching New Portal for Taxes and Business Licenses

The March launch will affect all business and tax professionals who file taxes electronically or access any DOR secure services.

All Major Card Brands to Drop Signature Requirements in April

All major credit cards will no longer require consumers to sign for purchases at merchant locations.

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.