CFPB Releases ECOA Baseline Review Modules
The CFPB has released new modules that will be used by examiners to identify risks of Equal Credit Opportunity Act violations. The NWCUA compliance team provides a brief important to credit unions.
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Major BSA Penalty Assessed Against Bank. Will Your Credit Union Be Next?
The announcement from the Financial Crimes Enforcement Network of a $1,000,000 penalty assessed against Pamrapo Savings for Bank Secrecy Act violations marks a renewed focus on BSA compliance in examinations.