The RND prevents a consumer from getting unwanted calls intended for someone who previously held their phone number.
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The NCUA strongly encourages credit unions to work with borrowers who are exiting the CARES Act forbearance period.
The bureau provided financial institutions with specific suspicious activity report (SAR) filing instructions and highlighted related financial trends.
Learn more about the AAMVA recommendations that will go into effect on Oct. 1.
Under the proposal, lenders would be required to report extended demographic information and other details about small business credit applicants.
Use of the new instruments will be required for loans with note dates on or after Jan. 1, 2023.
Low-income-designated credit unions must register in the NCUA’s CyberGrants system and complete an online participation form.
The Aug. 11 document replaces previous guidance from 2005 and 2011.
Under the rule, a complex credit union that maintains a minimum net worth ratio and meets other criteria is eligible for the CCULR.
The rule explains timing requirements in light of recent legislation designating Juneteenth as a federal legal public holiday.
A credit union’s response to an inquiry will depend on specific information related to the economic impact payment received.
Credit unions can view a recording of the recent “Ask the Fed” webinar discussing the SCALE method.
The priorities address corruption, cybercrime, foreign and domestic terrorist financing, fraud, and more.
A recent alert from the Washington State DFI urges financial institutions to address the risks and opportunities climate change brings.
The resource, meant for informational purposes only, is available on the department’s website.
The new due date is Aug. 11.
Pending CFPB, NCUA, and FinCEN rules may have implications for credit unions.
Credit unions are also encouraged to note any other relevant information they believe the NCUA Board should consider.