North Coast to Host Cash Mob in Bellingham

North Coast Credit Union is hosting a cash mob to collect cash and goods for donation to Lydia Place, which provides housing and education to homeless women and their children in a formal, six-month program. Donations will be accepted through Monday, Oct. 22.

Compliance Question of the Week

Should I file a CTR?

Compliance Question of the Week

If a member wants to purchase a cashier’s check for $9,975 with a service fee of $50 and pay in cash, is the credit union required to file a currency transaction report (CTR)?

Three Investment Resolutions for the New Year

Catalyst Corporate Credit Union offers three simple strategies to help credit unions maximize investment returns in 2012.

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.

Compliance Question of the Week

If credit unions give new members $25 cash gift for opening a new share deposit account, is there an IRS reporting requirement?