NCUA Releases Regulatory Alert to Remind Credit Unions of ECOA Valuations Rule

The regulatory alert reminds credit unions of the Consumer Financial Protection Bureau’s new rule on real estate appraisals and valuations under the Equal Credit Opportunity Act, and also serves as a reminder of the Jan. 18, 2014, compliance date.

Oregon Bill Changes Credit Union Compliance Measures for the Treatment of ‘Vulnerable Persons’

The state of Oregon recently passed H.B. 4084, which modifies the way crimes against vulnerable persons are handled and affects requirements for credit unions subject to court summons or subpoenas in such cases.