NACHA has announced cash prizes for a team challenge addressing payment solutions, and is accepting nominations for excellence awards.
The Council was created to give the CFPB direct feedback from credit unions on the impact of regulation on credit unions’ daily operations.
Credit union bills are headed to the governor as the legislative session comes to an end. A special session may be necessary to pass a budget.
NWCUA continues working on top priorities as the committee deadline hits and minimum wage bills are heard.
House Business and Labor Committee unanimously votes to send prize-linked savings bill to the floor for a vote.
Do mobile banking transfers require a receipt?
Based on a Final Notice issued last year by FinCEN, credit unions must file mandated reports such as CTRs, SARs, RMSBs and DOEPs electronically through the BSA E-Filing System beginning next month. In most cases, mandated reports filed in paper format will then be considered non-compliant.
Due to the American Taxpayer Relief Act of 2012, the mortgage insurance premium deduction has been reinstated, meaning members may deduct premiums for mortgage insurance from their taxes for the tax years 2012 and 2013.
The Federal Reserve Board filed a response Friday in a federal court in Washington, D.C., to merchants’ arguments for summary judgment in their lawsuit challenging the board’s debit card interchange fees rule mandated by the Dodd-Frank Act.
Are electronic notarizations valid and legal in Washington or Oregon?
Is a credit union required to send a monthly statement if no share drafts have cleared an account and no EFT transactions have occurred during the monthly cycle?
The NCUA has issued a letter to credit unions to provide guidance in answering membersâ€™ questions related to the upcoming changes to the U.S. Savings Bond program.
As the U.S. Department of the Treasury takes steps to end the sale of paper savings bonds, it offers a toolkit to help financial institutions navigate the transition to an electronic system.
The Secret Service and area law enforcement agencies maintain a task force in Seattle to monitor and solve the burgeoning electronic crimes landscape. In a presentation to the Northwest Credit Union Association (NWCUA) Marketersâ€™ Council, Special Agent Kirk Arthur warned credit unions of new trends and risks to their members.
The FFIEC issued a supplement to the Authentication in an Internet Banking Environment guidance to reinforce the risk-management framework and update the FFIEC member agenciesâ€™ supervisory expectations.
The Fed Proposes Amendments to Regulation CC Regarding Collection of Checks and Availability of Funds
The Federal Reserve Board requested public comment on proposed amendments to Regulation CC to encourage banks to clear and return checks electronically, add provisions that govern electronic items cleared through the check-collection system, and shorten the “exception” hold periods on deposited funds.
Your update of the regulatory landscape.