Also, the latest legal briefs from the federal level and your compliance question of the week, answered.
CFPB and NCUA officials have announced semi-annual rulemaking agenda updates.
The Department of Labor (DOL) recently released the Final Rule defining the circumstances in which a person who provides investment advice in connection with a retirement plan or individual retirement arrangement (IRA) acts as a fiduciary under the Employee Income Security Act (ERISA).
The Consumer Financial Protection Bureau (CFPB) issued an Interim Final Rule that broadens the availability of certain provisions for small creditors that operate in rural or underserved areas. The new rule, which takes effect on March 31, 2016. Read today’s Compliance update to find out more.
How to keep your credit union compliant with recent Department of Defense updates; your question answered about the act’s effect on auto refinancing coverage; plus this week’s legal briefs.
The National Credit Union Administration has approved a modernized Member Business Lending rule giving federally insured credit unions greater flexibility.
Get details on the updated Unified Agendas of the CFPB, NCUA, and other federal regulatory agencies; your question answered about Reg E claims where no error occurred; plus this week’s legal briefs.
The NWCUA and CUNA point out the rule’s detrimental impact—especially on small credit unions—despite certain concessions.
Inclusion of secondary capital in RBC ratio is a big win for Northwest credit unions, but the rule remains “a solution in search of a problem” says Nussle.
A vote on the final version of the National Credit Union Administration’s revised risk-based capital proposal is on the agenda for the agency’s October 15 meeting.
Transaction Network Services donated $77,500 to push the four-day event’s fundraising total into six figures.
The NCUA Board approved five items at Thursday’s board meeting, including a final rule expanding automatic approval for associational groups’ membership in federal credit unions.
Register for important webinars; your question answered about guardian’s access to ward’s safe deposit box; plus legal briefs.
Year-long merger completes final step with DFCU accounts and services integrated into Sound.
With the last of the NCUA’s three listening sessions complete, the regulator moves into the next phase of finalizing the risk-based capital rule.
Is your credit union in compliance with the Affordable Care Act’s final requirements for a 90-day waiting period, which were released Feb. 20? Brown & Brown of Washington, which manages The Trust, explains the regulations.
Key issues remain on the agenda as the Oregon Legislature nears the end of a short session, but one bill of interest to credit unions — dealing with possessory liens — has already passed both the House and Senate.
The National Credit Union Administration board has adopted the final rule to give federal credit unions limited authority to use derivatives to mitigate interest rate risk. Also in today’s Anthem: Legal Briefs and the Question of the Week: What happens to a guardianship when the incapacitated person passes?