Advocacy News
U.S. District Court Blocks DOL’s Overtime Rule Nationwide
The preliminary injunction blocks the implementation of the Department of Labor’s (DOL) new overtime rules which would have gone into effect on December 1.
Anthem
Compliance News
FinCEN Releases Cyber-Event Advisory and FAQ
The document shares more on how financial institutions have become attractive targets to criminals.
Advocacy News
Two Upcoming Labor Rule Compliance Dates That CUs Should Keep in Mind
Also, the latest legal briefs from the federal level and your compliance question of the week, answered.
Compliance News
Washington State DFI Releases 3 DCU Bulletins Affecting State Chartered CUs
Bulletins include notice on MBL Rulemaking, suspended following the recent ICBA lawsuit filed against the NCUA.
Compliance News
DCU Going to Electronic Consumer Complaint Communication
Starting in October, the Washington Dept. of Financial Institutions, Division of Credit Unions, will notify the credit union of the filed complaint through encrypted email with a read receipt upon delivery.
Compliance News
What to Know From Recent CUNA, NASCUS Cybersecurity Symposium
Also, the latest legal briefs and your compliance question, answered.
Compliance News
CFPB Releases Loss Mitigation Principle
Document outlines their principles to provide a framework for discussion about the future of loss mitigation.
Compliance News
Brief History of CUs in OR, WA
This week we will examine the history of the credit union movement in the Pacific Northwest.
Compliance News
Compliance Center: CFPB Releases Proposed Amendment to the Annual Privacy Notice Requirement Under GLB Act
The proposal follows part of the Fixing America’s Surface Transportation Act (FAST Act) last December.
Compliance News
Compliance Center: Compliance is a Burden. We Can Help.
Your Association has a bevy of resources to help untangle the compliance burden credit unions face every day.
Compliance News
Compliance Center: NCUA Outlines Plans for Adding ‘S’ to Credit Union CAMEL Ratings
The addition would represent ‘sensitivity to market risk,’ and will require changes to NCUA systems.
Compliance Center: Interagency Guidance on Deposit Reconciliation Practices Released
NCUA, along with four other agencies, released the guidance to address discrepancies that may occur with amounts deposited by a member or customer and the dollar amount credited to that account.
Compliance Center: Northwest Security Conference Wrap
Wrap up from the recent security conference at Skamania Lodge, which urged the widespread usage of security tools.
Compliance Center: FFIEC Issues IT Examination Appendix for Mobile Financial Services
FFIEC issues a revised Retail Systems Payment booklet; question on ‘positive owner contact’ with dormant accounts and legal briefs.
Compliance Center: Examining Gun Trusts
Examining gun trusts and transferring Title II firearms. Also, question on Cashier’s Checks and Legal Briefs.
Compliance Center: VISA Card Issuers Must Offer Transaction Alert Capability by October
Compliance Center: VISA card issuers must offer transaction alert capability by October; also, question on FFIEC Cyber security Assessment Tool and legal briefs.
DCU Bulletin on Risk-Based Pricing Notices and Indirect Automobile Lending
WA DFI releases guidance on indirect lending for state-chartered credit unions; your question answered on Equal Opportunity Notice signage; plus this week’s legal briefs.
Compliance Center: Recent Series of Lawsuits Focus on Website Inaccessibility
There have been an increasing number of demand letters and lawsuits against businesses (colleges, retailers, hotels, and financial institutions) alleging that the businesses’ websites are not accessible to people with disabilities.