Clock is Ticking as NCUA Takes Action on Liquidity Access for Credit Unions

The NCUA has scheduled a webinar for Aug. 14 to discuss upcoming changes and proposed rules related to the closure of U.S. Central Federal Credit Union, which will leave 6,000 credit unions without access to emergency borrowing programs.

Strategic Planning Roadmap Featured at NWCUA Volunteers’ Conference

Cindy Barrick explained to credit union directors at last week’s NWCUA Volunteers’ Conference the importance of developing, activating and evaluating a strategic plan for their credit union using measurable goals.

Currency Transaction Report Aggregation for Businesses with Common Ownership

FinCEN is issuing guidance to clarify, for currency transaction reporting purposes, the aggregation of multiple transactions conducted by businesses with common ownership.