Compliance Center: CFPB Releases Winter Supervisory Highlights

Findings from recent CFPB examinations; your question answered on verifying names on direct deposit IRS refunds; 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.

Compliance Center: NCUA Releases Videos to Help Credit Unions With CDFI Certification

Five-video series will help credit unions get certified; Can you follow Robert’s Rules for board meetings?; Plus this week’s legal briefs.

Compliance Center: CFPB Proposed Temporarily Suspending Credit Card Agreement Submissions

The bureau issued proposed rule to temporarily suspend requirement for card issuers to send in agreements; your question answered on verifying names on direct deposit IRS refunds; plus this week’s legal briefs.

Compliance Center: CFPB Proposes Amendment to Small Creditor, Rural or Underserved Areas Definitions

Learn more about the proposed CFPB amendment, learn how to verify a U.S. Treasury check, plus legal briefs.

Compliance Center: CFPB Releases Fall Rulemaking Agenda

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

Three NW Credit Unions Win CDFI Grants To Help Low-Income Communities

Three Northwest credit unions have been awarded nearly $700,000 from the U.S. Treasury Department’s Community Development Financial Institutions fund for financial and technical assistance. The awards enable CDFIs to increase lending and investments in low-income and economically distressed communities.

Compliance Question of the Week

How do I know whether someone has passed me counterfeit money, and what do I do if they have?

Legal Briefs

Your weekly update on the regulatory landscape includes the NCUA report for July and the CFPB’s Financial Literacy Report, delivered to Congress this week.

Legal Briefs

Your weekly update on the regulatory landscape.

Legal Briefs

A host of rules, reports and testimony updates are available in your weekly update on the regulatory landscape.

Oregon Credit Union Public Funds Collateralization Program Launches

Oregon’s expanded Credit Union Public Funds Collateralization Program launched Monday, giving government entities more local options for deciding where to deposit their funds. Five cities have already agreed to deposit funds in credit unions in excess of the $250,000 insurance limit.

FinCEN Issues Advisory on Tax Refund Identity Theft

Credit unions are critical in identifying tax refund fraud, and to assist credit unions in identifying potential cases, FinCEN has identified a number of red flags to bear in mind during tax season.

Legal Briefs

Your weekly update on the regulatory landscape.

Oregon Credit Unions Submit Groundbreaking Paperwork to Accept and Safely Hold Public Funds

Five Oregon credit unions have submitted the required notice and paperwork with the Oregon State Treasury to allow them to accept and safely hold large public fund deposits. New collateral protection will allow credit unions to accept public deposits above the current $250,000 beginning April 1, 2013.

NWCUA Regulatory Advocacy Update: Road to Public Funds in Oregon Longer than Anticipated—But End Is in Sight

The weekly Regulatory Advocacy Update outlines the NWCUA’s efforts to reduce the regulatory burden on credit unions and protect the larger movement. Included here is an update on Oregon’s public funds program.

NCUA Guidance Helps with Savings Bond Changes

The NCUA has issued a letter to credit unions to provide guidance in answering members’ questions related to the upcoming changes to the U.S. Savings Bond program.

Treasury Department Offers Toolkit for New Savings Bond Procedures

As the U.S. Department of the Treasury takes steps to end the sale of paper savings bonds, it offers a toolkit to help financial institutions navigate the transition to an electronic system.