Rep. Heck’s Pro Marijuana Banking Amendment Passes House
Banking of legal marijuana businesses received support from the House in two votes Wednesday. One of the measures was proposed by Rep. Denny Heck.
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Fear of Retaliation: How to Protect Whistleblowers and Prevent Lawsuits
Government statistics say it’s a pervasive and growing problem in the U.S.: employers retaliating against employees who are involved in reporting a co-worker’s wrongdoing. How can credit unions protect whistleblowers who report discrimination, harassment or other misconduct – not to mention the credit union itself and anyone else involved?
10 Tips to Help Members Watch Their Wallets, Shop Wisely and Protect Their Personal Information Online
Just in time for the holiday shopping season, Oregon Attorney General Ellen Rosenblum offers 10 practical tips that credit unions can share with members to help them guard against the ever-increasing risk of cyber fraud.
Credit Unions Should Review Exposure to Data Breach Risks
Credit unions’ bond policies and other insurance policies may cover certain types of losses associated with a data breach, but if you don’t have a policy specifically dedicated to the growing array of data breach risks, you need to review your overall exposure.
Credit Unions Protect, Engage Members on Community ‘Shred Days’
With the end of tax season just around the corner, several Northwest credit unions are helping their members stay protected from fraud and identity theft by offering safe disposal of sensitive documents on “shred days.”
CFPB Will Protect Confidential Credit Union Information
The CFPB has promulgated a new rule outlining how it will protect privileged information it receives in the course of regulating financial institutions.
Protect Your Credit Union from Legal Challenges with a Compliant Overdraft Program
Strategic Link business partner JMFA writes about how its Overdraft Privilege program can help credit unions avoid lawsuits and litigation regarding overdraft fees.
Legal Briefs
Your weekly update on the regulatory landscape.
New Rules Present New Risks For Credit Union Directors
CUNA Mutual Group writes that the establishment of new fiduciary and financial literacy rules for directors of federally chartered credit unions, coupled with economic challenges and more litigation, has greatly increased personal risk exposure for credit union decision-makers.
Free CMG Seminar: Changing Environment, Emerging Risk
Find what your credit union can do in this changing environment to protect your board and implement good governance practices by Joining CUNA Mutual Group in Federal Way, Wash., or Lake Oswego, Ore.