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The Spotlight

  • New Compliance Connection videos

    Aug
    05
    New Compliance Connection videos

    Two new videos have been posted to the Compliance Connection channel on You Tube: Part Two:  S. 2155 Economic Growth, Regulatory Relief, and Consumer Protection Act and Compliance Outlook – 2nd and 3rd Quarters of 2019.

    Posted By Bridget Bowles read more
  • CUNA updates MLA fee comparison spreadsheet

    Aug
    05
    CUNA updates MLA fee comparison spreadsheet

    The Credit Union National Association has updated its Military Lending Act fee comparison spreadsheet for the first quarter of 2019.  CUNA developed the spreadsheet to help credit unions determine which fees are considered “reasonable and bona fide” under the MLA.

    Posted By Bridget Bowles read more
  • FDA’s cannabis and cannabis-derived products Q&As

    Aug
    05
    FDA’s cannabis and cannabis-derived products Q&As

    The FDA has developed a set of Questions & Answers (Q&As) regarding cannabis and cannibas-derived products that credit unions might find helpful when contemplating servicing these types of accounts.

    Posted By Bridget Bowles read more
  • BSA/AML Supervision joint statement

    Aug
    05
    BSA/AML Supervision joint statement

    As part of continuing efforts to improve transparency into their risk-focused approach to Bank Secrecy Act/Anti-Money Laundering supervision, the federal bank regulatory agencies and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued a joint statement.

    Posted By Bridget Bowles read more
  • CU People on the Move - Multipli & West Community

    Aug
    02
    CU People on the Move - Multipli & West Community

    Credit union staff and leadership news includes Multipli Credit Union CEO Judy Hadsall receiving Legacy Adviser award and West Community Credit Union naming Lorene Meyer, VP of human resources and training. 

    Posted By Nora Revie read more
  • CU Webinar Network announces complimentary webinar about The Dark Web

    Aug
    02
    CU Webinar Network announces complimentary webinar about The Dark Web

    Credit Union Webinar Network presents a complimentary recorded webinar titled "The Dark Wed & Your Credit Union: Impact, Risks, Strategy."

    Posted By Bridget Bowles read more
  • New SSA electronic SSN verification service

    Jul
    30
    New SSA electronic SSN verification service

    The deadline to enroll in the Social Security Administration’s new electronic Consent Based SSN Verification is Thursday, July 31, 2019 by 5 p.m. CT.  Enrollment just began on July 17. Any credit union that does not submit a valid application for the initial rollout, must wait until the next open enrollment period which could be up to a two-year wait. Participation in this service is optional. 

    Posted By Bridget Bowles read more
  • Join fellow credit unions in donating to the 2019 CUPAC Silent Auction

    Jul
    26
    Join fellow credit unions in donating to the 2019 CUPAC Silent Auction

    Do you like bidding to win cool stuff while supporting a good cause? Help us make this year’s Credit Union Political Action Committee (CUPAC) Silent Auction the best one yet! It’s easy to do - just donate an item for this year’s CUPAC auction or contribute funds that we then use to buy an item on your behalf.

    Posted By Morgan Householder read more
  • Missouri Governor Parson takes final action on bills

    Jul
    26
    Missouri Governor Parson takes final action on bills

    Missouri Governor Mike Parson took final action on all bills passed by the Missouri legislature ahead of the July 14 constitutional deadline. In his first full legislative session as governor, the Missouri General Assembly passed and sent Parson 102 bills. He signed 96 and vetoed six bills. 

    Posted By Ian Dunlap read more
  • HCUA leads effort to urge House Financial Services leadership to hold CECL hearing

    Jul
    25
    HCUA leads effort to urge House Financial Services leadership to hold CECL hearing

    While there are signs that the Financial Accounting Standards Board will delay implementation of the CECL accounting standard for credit unions until January 2023, we are spearheading an effort with three other state leagues to hold a hearing on this issue in the U.S. House of Representatives.

    Posted By Amy McLard read more

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