A board-approved inter-state merger with Washington-based Horizon Credit Union fails, with less than 20 percent of Montana First members voting.
As a likely successor to WesCorp, Colorado-based SunCorp is inviting credit unions to explore the benefits of membership through two upcoming town hall webinars for prospective members.
FinCEN has released electronic filing requirements for the Currency Transaction Report (CTR) and Suspicious Activity Report (SAR). The BSA E-Filing system will begin accepting batch filings matching the specifications for the new CTR and SAR in December 2011.
The IRS emphasizes that this new reporting to employees is for their information only, and does not cause excludable employer-provided health coverage to become taxable.