Compliance Question of the Week
What is a representative payee?
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Compliance News
Compliance Question of the Week
What is a Social Security Representative Payee Account, which members require one and how should the accounts be established?
Compliance Question of the Week
The beneficiary on a Representative Payee account has requested a loan. What do we do? Can the beneficiary use the SSI payments this way?
Legal Briefs
Your weekly update on the regulatory landscape.
Compliance Question of the Week
Can a credit union allow a mother acting as representative payee for her son’s SSI checks to deposit them into a UTMA account, if she is not the custodian on the account?
Social Security Administration to Change How Social Security Numbers are Assigned
In a move called ‘randomization’ the Social Security Administration will change the way Social Security Numbers are issued.