Compliance Center: NCUA Releases Letter to Federal Credit Unions on FOM Rule Changes

Learn about the FOM rule changes; your question answered on splitting funds between multiple beneficiaries when one has died; plus this week’s legal briefs.

Compliance Center: DFI Issues New Interpretive Letters Regarding Associate Board Member and Director Emeritus Expense Reimbursement

Get the full story on expense reimbursement; your question answered about CULAC compliance; plus this week’s legal briefs.

NCUA Proposes New Member Business Lending Rule

The proposal would remove or modify a number of prescriptive limitations to member business lending, opting for a principle-based approach. It would also do away with the 12.25 percent of assets limit, in favor of a net worth ratio.

‘Know Before You Owe’ Rule to be Delayed Two Months

The CFPB announced that it had discovered an administrative error, which prompted the delay.

NCUA Board to Propose MBL Rule at June Board Meeting

The board plans to address a number of important topics, including minority depository institutions and loans in areas with flood hazards.

NCUA Approves Field of Membership Changes and More

The NCUA Board approved five items at Thursday’s board meeting, including a final rule expanding automatic approval for associational groups’ membership in federal credit unions.

Compliance Center: Cybersecurity and TILA-RESPA Webinars Coming Up

Register for important webinars; your question answered about guardian’s access to ward’s safe deposit box; plus legal briefs.

Compliance Center: NCUA Releases Agenda for April 30 Board Meeting

NCUA agenda set; your question answered on charging fee for dormancy; plus this week’s legal briefs.

Compliance Center: CFPB Updates Interpretive Rule on Homeownership Counseling

Final rule on homeownership counseling lists; question answered on CIP; plus this week’s legal briefs.

Now is the Critical Moment to File RBC2 Comment Letter

Less than one month left in the comment period for the latest NCUA risk-based capital proposal. Write your letter now.

NCUA Proposes Removing Fixed Asset Cap

Proposed rule would remove regulatory cap in favor of supervisory oversight and guidance.

Compliance Center: NCUA Board Chairman Matz Outlines Five Areas of Regulatory Relief

Matz says supplemental capital, fields of membership among regulatory relief targets; your question answered about cash advances; plus this week’s legal briefs.

New RBC Proposal: What Does it Say, and What’s Next?

Breaking News: The NCUA last week released a much anticipated revised risk-based capital proposal.

Compliance Center: NCUA Priorities, 1099s, and More

Regulator to focus on cyber security, interest rate risk, among other priorities; question on mailing 1099 forms answered; plus legal briefs.

Credit Unions Urged to Share Concerns Over FHLB Membership Proposal

The rule would create an unfair advantage for FDIC-insured financial institutions.

Compliance Center: NCUA Releases Final Rule Amendments on Appraisals Involving Existing Loans

NCUA releases final existing loan appraisal amendments; question on bankruptcy and reaffirmation; plus this week’s legal briefs.

Expect New RBC Proposal January 15

NCUA Chair Debbie Matz plans to unveil a revised RBC proposal at the board’s January 15 open meeting.

Compliance Center: CFPB Releases Fall Rulemaking Agenda

CFPB to focus on mortgages, prepaid cards and payday loans; certificate account compliance question; and legal briefs.