CFPB Will Protect Confidential Credit Union Information

The CFPB has promulgated a new rule outlining how it will protect privileged information it receives in the course of regulating financial institutions.

Inherited IRA is Insured, but Tax Issues Can be Complicated, says NCUA

According to the June 6 letter, the NCUA’s regulations provide share insurance coverage for a member’s IRAs up to $250,000 that is separate from the member’s other accounts at the same credit union.