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.

Bankruptcy Rule and Forms Changes

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

Regulators Designate Key HMDA Fields

Bulletin defines 37 “key fields” examiners will typically use to test and validate the accuracy and reliability of home mortgage loan data collected beginning in 2018.

Compliance News

President signs resolution repealing CFPB arbitration rule; CFPB announces beta launch of HMDA platform.

Back to Basics: Disaster Preparedness

Follow these guidelines to help your credit union prepare for a natural disaster.

Legal Action Continues on Website ADA Compliance

Steps credit unions can take to ensure their websites are meeting accessibility standards.

CFPB Issues Changes to Servicing Rule that Goes into Effect This Week

The interim rule is effective Oct. 19. Comments are due within 30 days of Federal Register publication.

FinCEN Corrects Beneficial Ownership Form

Some additions will likely require adjustments in the implementation plans of financial institutions and third-party service providers.

Credit Cards Now Covered Under Military Lending Act

The final provision of the Military Lending Act goes into effect this week. What does this mean for credit unions?

Labor Law Updates

Federal district court in Texas overturns the DOL’s final rule regarding overtime; OMB issues a stay on EEOC rule that would require larger employers to provide pay data on the annual EEO-1 report.

Regulators Update CECL FAQs

This update from the NCUA and other federal regulators includes 14 new answers credit unions will want to review.

Advice for Credit Unions Following the Equifax Data Breach

Information to share with your members, including steps they can take to protect their information.

CFPB Issues Final Rule Amendments to HMDA

The amendments temporarily change the reporting requirements for HELOCs and clarify what information financial institutions are required to collect about their mortgage lending.

ESIGN Reminders

A snapshot of electronic signature requirements.