Compliance Question of the Week

Our Compliance Question of the Week answers the question, “Can a POA access a trust?”

NCUA’s Matz Invites Credit Unions to Town Hall Webinar

NCUA Board Chair Debbie Matz will host a town hall webinar July 18. Industry performance, regulatory reform, and risk management are among topics.

Compliance Question of the Week

Can a credit union set up annuity accounts?

FinCEN Addresses Tax Refund Fraud Prevention and Detection

Credit unions are well positioned to discover instances of tax refund fraud, and FinCEN issued an advisory last week with several signs of potential fraud to be wary of in the coming weeks.

CFPB Addresses Military, Mortgage Disclosures, and Credit Unions

The CFPB, now fully operational after the installation of Director Richard Cordray, recently established an advisory council for credit unions, a tracking system for financial scams targeting the military and a revamped form for mortgage disclosures.