Under certain circumstances, credit unions may now make member business loans without requiring a personal guarantee.
Microsoft will discontinue its support for the Windows XP operating system on April 18, 2014, and the Federal Financial Institutions Examination Council is urging credit unions to identify, assess and manage the potential risks now.
The Loan Participation Rule issued by the National Credit Union Administration earlier this summer takes effect on Monday, and credit unions will want to make sure they are meeting the requirements of the final rule.
The NCUA approved the Final Rule on Loan Participations during its board meeting Thursday. The NWCUA compliance team breaks down new details on the rule.
A risk alert issued recently by the NCUA provides credit unions with guidance and steps to follow to mitigate distributed denial-of-service (DDoS) attacks.
A candid conversation with state regulators highlighted the NWCUA’s Governmental Affairs Forum. NWCUA staff and state regulators shared information and answered questions as credit union professionals voiced concerns on a number of key issues.