Compliance Center: IRS Reminds Taxpayers About Retirement Plan Distribution Deadline

Here’s what the IRS has to say about required minimum distributions; your question answered about recouping waived settlement costs on a member business loan; plus this week’s legal briefs.

Legal Briefs

Legal Briefs for December 26, 2013

FRB Releases Regulation D 2014 Reserve Requirements

The Federal Reserve Board has announced the annual indexing of the amounts used in determining reserve requirements of depository institutions and deposit-reporting panels effective in 2014.

Legal Briefs

Your weekly update on the regulatory landscape, including the release of information on ordering 2013 holiday currency.

Federal Reserve to Appeal Interchange Ruling

The Federal Reserve Board will appeal a district court ruling striking down interchange fee caps.

Interchange Update: Financial Institutions’ Legal Teams Pursuing Options

The judge reviewing the debit interchange cap rule has set an aggressive schedule for the Federal Reserve to revise the rule. The Electronic Payments Coalition continues to monitor the developments.

Both State Regulators Release Guidance for State Chartered Credit Unions

Northwest regulators have released new compliance information of interest to state chartered credit unions. The Compliance Report details what the Oregon DCBS and the Washington DFI issued recently.

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

Your weekly update on the regulatory landscape.

Federal Reserve System to Host Servicemember Financial Protection Webinar

The Federal Reserve System invites you to join an interagency discussion of servicemember financial protection guidance and compliance with the SCRA. This Outlook Live webinar will take place on Monday, Sept. 10, 2012, at 11:30 a.m. – 1 p.m. PDT.

Federal Reserve Board Publishes Comparative Information on Average Debit Card Interchange Fees

The Federal Reserve Board published comparative information recently on the average debit card interchange fee that each payment card network charges acquirers and provides to debit card issuers. The board will publish this information annually.

Legal Briefs

Your weekly update on the regulatory landscape.

Retired SMCU CEO Bob Harvey Arrests Suspect in Robbery of His Former Credit Union

Former SMCU CEO Bob Harvey kept his “night job” as a reserve police officer after his retirement last summer. He’s made hundreds of arrests, but on March 9, Harvey arrested a suspect who had allegedly robbed his former credit union two weeks earlier.

Legal Briefs

Your update on the regulatory landscape.

Twelfth District CDIAC Meets to Discuss Regional Economy, Strategy

The 12th District Community Depository Institutions Advisory Council (CDIAC) met on Wednesday, Oct. 26, in San Francisco to discuss the state of the regional economy and the issues it faces. Advantis’ Ron Barrick is the council’s vice chairman.

Legal Briefs

Your update on the regulatory landscape.