picture of a golden piggy bank

Foundation Calls for Proposals to Conduct “Consumer Financial Health Check-ups” by CUs

The Foundation is looking for credit unions to submit proposals leveraging the Center for Financial Services Innovation’s (CFSI) consumer financial health assessment tool.

Compliance Center: FFIEC Issues Interbank Messaging and Wholesale Payment Network Advisory Statement

FFIEC recently released a statement advising financial institutions that actively manage the risks associated with interbank messaging and wholesale payment networks.

Speaker at Catalyst Corporate Conference Will Tell Credit Unions: ‘Conduct Business as Unusual’

Credit unions must be open to the concept of “unlearning” and be willing to conduct “business as unusual” if they hope to be successful in the future, renowned global futurist Jack Uldrich believes. He’ll explore how technological trends will transform the world of 2020 at Catalyst Corporate’s Accelerating Success Conference next month.

Compliance Question of the Week

Are credit unions allowed to hold raffles?

Fed Invites Comment on Two Bankruptcy-Related Studies That It Will Conduct

The Fed is seeking public comment on how to address the specific issues that it is required to study, as well as any research or empirical data that it should take into account.