Treasury Releases Interim Final Rule Changing Garnishment Procedures

Late last week the Treasury released its interim final rule that will make radical changes to your credit union’s garnishment proceedings. This rule applies unless the garnishor is the Federal government or a State child protection agency.

Advertising Rule Could Have Compliance Consequences

The National Credit Union Administration has proposed changes to advertising requirements that could force some credit unions to reduce or eliminate some of their current marketing practices.

NWCUA Federal Legislative Week in ReviewCopy

The latest news about NWCUA efforts in Washington D.C.

Fed Issues Clarifications to Reg Z Provisions that Apply to Open-end Credit Plans, Including Credit Cards

The Federal Reserve Board approved a rule amending Regulation Z (Truth in Lending) to clarify aspects of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act).

Reminder: NCUA Final Rule on Permanent Insurance Coverage of $250,000

NCUA issued a final rule regarding the display of the “official sign” and permanent increase in insurance coverage at $250,000.

NCUA Board Takes Action on Executive Compensation, Corporate Chartering

In its meeting late last week, the NCUA Board issued two new proposed rules, renewed the 18% interest rate ceiling for federal credit unions, and approved a new Interpretive Ruling and Policy Statement.

Examining Mortgage Loan Officer Compensation

Two recent regulatory actions highlight the significance of reviewing how you compensate your Mortgage Loan Officers.

Examining Mortgage Loan Officer CompensationCopy

Two recent regulatory actions highlight the significance of reviewing how you compensate your Mortgage Loan Officers.

Legal Briefs March 3, 2011

Your update of the regulatory landscape.

Legal Briefs March 24, 2011

Your update of the regulatory landscape.

Legal Briefs August 2, 2010

Your update of the regulatory landscape.

Legal Briefs August 16, 2010

Your update of the regulatory landscape.

Legal Briefs October 1, 2010

Your update of the regulatory landscape.