The proposed rule would ease several constraints that deny millions of Americans the freedom to choose not-for-profit credit unions. Association calls for immediate response from credit union leaders and employees.
Compliance Center: CFPB Proposes Amendment to Small Creditor, Rural or Underserved Areas Definitions
Learn more about the proposed CFPB amendment, learn how to verify a U.S. Treasury check, plus legal briefs.
Credit union executives get a quick, clear, high-level overview of their risk areas to help guide strategic planning.
Newly sworn-in NCUA board member Mark McWatters shared five areas of focus on Wednesday, including regulatory relief, low-income services and diversity.
The World Council of Credit Unions has become a worldwide leader in financial inclusion, most recently transforming the lives of nearly 1.4 million people in rural Mexico. In this guest article, Matt Garcia reports on the impact the WOCCU, new technologies and Mexico’s credit unions are having in Mexico.
NCUA Director Rick Metsger announced support for Supplemental Capital in an address to Massachusetts credit unions this week. As well, he reiterated regulator plans to significantly review and adjust the proposed risk-based capital rule.
Why would a credit union want to establish complaint tracking and management processes? The short answer is: “Because regulators are looking at your complaints.” Also in today’s Anthem: Legal Briefs, and the Question of the Week: “If a member wants to purchase a cashier’s check for $9,975 with a service fee of $50 and pays in cash, is the credit union required to file a Currency Transaction Report?”
A work group of NWCUA and Washington credit union staff has collaborated with the DFI in reviewing the model bylaws for state chartered credit unions. Their work continues, but has already resulted in a revisions bulletin from the state regulator.
The NCUA outlined its primary areas of focus for examiners in the January edition of the NCUA Report, and the agency also plans to provide more information and better guidance to credit unions to clearly set exam expectations.
The current economic environment has created many challenges from an accounting and regulatory compliance perspective, and significant change is on the horizon, according to Gabe Nachand and Ryan Sturgis of Moss Adams LLP.
Wauna Federal Credit Union unveiled a custom-designed mural painted on the roadside wall of its historic Astoria branch. The credit union plans to commission a new mural every two years to commemorate the community’s history and personality.
HRN Performance Solutions has been providing strategic HR solutions and consulting services for more than 20 years. As a Strategic Link business partner, NWCUA member credit unions have access to discounted products and services.
The Federal Housing Administration (FHA) announced this week that the insurance limit in the highest-cost areas of the country will be reduced starting on Oct. 1. Loan limits in most other parts of the nation will remain unchanged.
Your update on the regulatory landscape.
The first article in our series on the regionâ€™s economic health focuses on Seattle, Tacoma, and Everett.