Dear World to Keynote MAXX Welcome Session
Led by Katie Greenman, Dear World will give attendees a chance to MAXXimize their experience through capturing their story in a powerful way.
Anthem
Jumpstart Your Entrepreneurial Dream Today With the U.S. Small Business Administration and AARP
SBA Regional Administrator Calvin Goings writes about the wave of successful entrepreneurs over 50. Learn more about resources for these members.
LINC Up With the U.S. Small Business Administration
The Small Business Administration is launching a new online tool to connect entrepreneurs with lenders. Credit unions are invited to join.
National News Bullets
Inspector general investigates NCUA exam breach, NCUA sues Wells Fargo—from CUNA’s News Now.
Best Practices for Federally Insured Credit Unions’ Advertising, Promotions
When are federally insured credit unions required to include the NCUA sign or statement in advertising and promotional materials? Here’s an explanation from the experts at CSCU.
Compliance News
Compliance Question of the Week
What is a Social Security Representative Payee Account, which members require one and how should the accounts be established?
NCUA Announces Annual Regulation Review Focus
The NCUA reviews all of its rules every three years, scheduling a look at about one-third of its rules each year on a rotating basis. Included on this year’s list is a review of CUSOs, fair credit reporting and member business loans, among others.
Legal Briefs
Your weekly update on the regulatory landscape.
Legal Briefs
Your weekly update on the regulatory landscape.
Compliance Question of the Week
In a Uniform Transfers to Minors Account (UTMA), when does the minor get access to the funds? At 18? 21? 25?
Compliance Question of the Week
Who is the “member/customer” when an account is opened by an individual who has power of attorney (POA)?
Compliance Question of the Week
If we open an estate account, do we qualify the executor or the deceased member for eligibility?
Legal Briefs
Your update on the regulatory landscape.
Federal Reserve Board Seeks Comment on Proposed Rules Intended to Simplify the Administration of Reserve Requirements
The Federal Reserve Board has requested comment on proposed rules intended to simplify the administration of reserve requirements and reduce administrative and operational costs for depository institutions and Reserve Banks.
Pre-Convention Roundtable Nets Strong Northwest Feedback for Obama Administration
Northwest credit union leaders invited to give economic feedback to the Obama Administration had three strong messages: raise the cap on Member Business Loans, ease over-regulation and stop political bickering that prevents real service to taxpayers.
Legal Briefs
Your update on the regulatory landscape.
Will the US Debt Downgrade Result in an influx of Cash Deposits in Credit Unions?
Standard and Poor’s downgrade of the U.S. credit rating is causing stress as Americans wonder whether cash deposits are safer havens for their money than the volatile stock market. This could present a challenge for credit unions.
New Interchange Approach Announced by Senators
Senators Tester and Corker will attempt to attach their legislation to delay the debit interchange fee regulation to a bill to reauthorize the Economic Development Administration.