DCU Issues Bulletin Regarding Focus on Liquidity and Interpretive Letter on Verification of Members’ Accounts
Credit unions over $50 million in assets must have a written contingency funding plan for addressing liquidity shortfalls in emergency situations.
The recently released letter highlights the examination expectations of NCUA examiners as well as considerations for credit unions to protect themselves against FinCEN penalties.
Credit unions should check with their IT departments to ensure they have protocols in place should a data breach occur.
NWCUA experts advise credit unions on what to look for and how to respond.
Changes include areas of member business lending, appraisals, and the Home Mortgage Disclosure Act.
Wire schemes are on the rise and credit unions need to take steps to stop them.
Your Association helps clarify how a short-form death certificate is used.
Information on cybersecurity, a compliance library, regulatory implementation tool kit, and much more available to you.
The DOR’s amendment affects the unclaimed property reports that are filed with the state by credit unions.
California Consumer Privacy Act of 2018 changes privacy requirements within California, giving residents more control over information that is collected on them.
The CFPB expects to provide guidance later this summer.
Businesses that derive revenue from marijuana-related activities or that support the end-use of marijuana may be ineligible for SBA financial assistance.
The National Credit Union Administration (NCUA) Board unanimously approves two new items at its latest meeting.
Washington state’s Equal Pay Opportunity Act requires employers to provide equal pay and career advancement opportunities to their employees, regardless of gender.