The Compliance Question of the Week finds answers to a compelling question. Can we refuse to cash a check drawn off our credit union?
An individual used a shared-branch kiosk located at a convenience store and accessed a member’s account without authorization. Numerous unauthorized withdrawals were made on the member’s account. Does our insurance cover that?
The IRS is hosting a pair of free webinars in May to help financial institutions stay safe, sound and compliant. The first will focus on identity theft and online fraud, with the second covering employment law.
The NCUA revised advertising regulations earlier this year, now requiring radio and television ads to include a reference to NCUSIF coverage. Credit unions may choose one of three methods to provide the NCUAâ€™s official advertising statement.
Your update on the regulatory landscape.
Applications are due in two weeks for Cycle 2 events occurring from August 1 through December 31, 2011.
It can be difficult understanding which types of loss your credit union’s fidelity bond does and does not cover. A legal and risk-management concept that can help clarify this is “pure risk” versus “uninsurable risk.”
Your update of the regulatory landscape.