picture of a person with the word thankful written on their hand

Dear World MAXX Photos Available: What Next?

The dozens of attendees who shared their individual stories with the larger MAXX Convention audience can now download their images. What happens next? We talked to Dear World’s lead storyteller, Katie Greenman, to find out.

Compliance Center: Members Wanting to Open Accounts Without Providing Any Taxpayer Identification Number

Setting the record straight on identification required to open accounts; your question answered about identifying non-U.S. persons under CIP; plus this week’s legal briefs.

Tickets & Sponsorships Now Available for Foundation’s Wegner Dinner

Three credit union leaders and former leaders and one program will receive the movement’s highest honors, with our very own Denise Gabel at the helm as emcee.

Compliance Center: NCUA Issues Accounting Bulletin on Reporting TDR Loans

NCUA adopts revised reporting policy for troubled debt restructuring. Plus question of the week and legal briefs.

Economic Study to Document Credit Unions’ Impact; First Look Will be at Amplify Convention

An in depth study will document the impact Northwest credit unions have on their local economies. Attendees to Amplify Convention will be the first to see the data.

Compliance Question of the Week

Can a business have a beneficiary?

Sarah Canepa Bang Wins Wegner Award for Individual Achievement

Sarah Canepa Bang, a key executive with CO-OP Shared Branching–FSCC, LLC and a driving force behind Credit Unions for Kids, wins the 2014 Herb Wegner Memorial Award for Individual Achievement. Before assuming her nationally prominent role with CO-OP-FSCC, LLC, Bang had strong roots with Oregon and Southwest Washington credit unions.

Deadline Nears for Herb Wegner Award Nominations

Nominations are due June 28 for the Herb Wegner Memorial Awards—the credit union movement’s highest national honors. Categories include Individual Achievement, Outstanding Organization/Program and Lifetime Achievement.

Compliance Question of the Week

What happens if a merchant accidentally charges a credit card surcharge when they weren’t supposed to?

Compliance Question of the Week

We have a member that has been missing for a long time. No one has been able to locate him, and now his family wants to close his accounts. What should we do?

Compliance Question of the Week

If a member inherits funds from his mother’s traditional IRA, can the member “roll over” the inherited funds from the mother’s account into a new IRA account?

Compliance Question of the Week

Who is the “member/customer” when an account is opened by an individual who has power of attorney (POA)?

Compliance Question of the Week

What happens if the person who is renting a safe deposit box dies? Who has access?

Compliance Question of the Week

If a credit union offers to deposit $25 in a member’s share account if the member refers an individual to the credit union, and this individual then opens an account, is the $25 considered a bonus?

NCUA to Disclose CAMEL Ratings to FISCUs

In the interest of greater transparency, CAMEL ratings will be disclosed to federally-insured state credit unions when the NCUA examiners perform insurance reviews.

BSA, ACP, CIP & U

Treasury’s guidance allows credit unions to honor crime victims’ wish to keep their addresses secret, while also complying with Bank Secrecy Act provisions.

Compliance Question of the Week

What is the ADA definition of a service animal?