Topics in this week’s edition include: DOJ Issues Guidance on ADA Web Accessibility Letter to Federal Credit Unions Regarding Final Rule of Definition of Service…
InfoSight eNewsletter
Topics in this week’s edition include: CAMELS Information CFPB: New Effort Focused on Financial Issues Facing Rural Communities Executive Order on Development of Digital Assets…
NCUA Releases Q4 2021 State Credit Union Data Report
Federally insured credit unions experienced continued growth in assets and loans during 2021, an increase in return on average assets, and a decline in total…
InfoSight eNewsletter
Topics in this week’s edition include: FinCEN Issues Alert on Potential Russian Sanctions Evasion Efforts NMLS Password Rules Changing this Month CFPB Issues Report on…
FinCEN Provides Financial Institutions with Red Flags on Potential Russian Sanctions Evasion Attempts
The Financial Crimes Enforcement Network (FinCEN) issued a FinCEN Alert, advising all financial institutions to be vigilant against potential efforts to evade the expansive sanctions…
InfoSight eNewsletter
Topics in this week’s edition include: New InfoSight Products Protecting Your Information NCUA Cybersecurity Alert – Important to Review! CFPB Bulletin on Vehicle Reposssessions Short Sale…
Credit Union Marketing Council to Host Virtual Spring Workshop
The Maine Credit Union Marketing Council will be hosting a virtual lunch and learn session on April 5, from 12:00–1:00 pm featuring Kristen Tatlock, Senior…
InfoSight eNewsletter
Topics in this week’s edition include: Call Report Modernization FinCEN Program Aids in Recovery of Over $1.1 Billion in Losses CFPB Acts to Protect Consumers…
InfoSight eNewsletter
Topics in this week’s edition include: New and Updated Content in the Investment Channel FinCEN: Beneficial Ownership Reporting and Next Steps Consumers Getting Runaround From…
COVID Annual Meeting Flexibility For 2022
Joanne Black, Supervisory Examiner with the NCUA and Lloyd LaFountain, Superintendent at the Maine Bureau of Financial Institutions, joined the League at a January Town…
InfoSight eNewsletter
Topics in this week’s edition include: New Content in Security Channel NCUA Issues Regulatory Alerts – HMDA Requirements CFPB Posts Reference Chart for 2022 Reportable…
Register Now for NCUA’s Capital Adequacy Framework Webinar
Credit unions can receive valuable information on changes to the NCUA’s Capital Adequacy Framework Webinar during an upcoming webinar hosted by the NCUA on Wednesday,…
The League Increases Its Advocacy Awareness for Marijuana-Related Businesses
A handful of Maine credit unions currently offer marijuana-related business (MRB) accounts to their members. Recently, those credit unions have reported changes in the way…
InfoSight eNewsletter
Topics in this week’s edition include: New Topic Added to “Tax Issues” on InfoSight Channel Credit Unions Encouraged to Implement Measures to Protect Against Possible…
Regulators Provide Guidance on Examinations, Marijuana Banking, and Annual Meetings During League Town Hall
This week, the League welcomed representatives from the NCUA and the Bureau of Financial Institutions for a Town Hall with credit unions. During the meeting,…
InfoSight eNewsletter
Topics in this week’s edition include: Reminder: Call Report Data Due January 20, 2022 Status of the OSHA COVID-19 Vaccination and Testing ETS Report on…
InfoSight eNewsletter
Topics in this week’s edition include: Update on COVID Vaccinations and Testing ETS CFPB Alert on Discrimination Involving Religion NCUA Supervisory Priorities CFPB Bulletin on…
Join the League For a Regulator Update
It can be challenging for credit unions to keep on top of constantly evolving regulatory compliance requirements. To help, the League is hosting a Town…
NCUA Outlines 2022 Supervisory Priorities
In a letter to federally insured credit unions, the National Credit Union Administration outlined the agency’s examination program for 2022. Given the ongoing uncertainty associated…
Supreme Court Halts COVID-19 Vaccine Rule for U.S. Businesses
The Supreme Court has stopped the Biden administration from enforcing a requirement that employees at large businesses be vaccinated against COVID-19 or undergo weekly testing…
InfoSight eNewsletter
Topics in this week’s edition include: Update on COVID Vaccination and Testing ETS MLO Registration Reactivation Period FinCEN Seeks to Streamline, Modernize, and Update BSA…
Portland Mask Mandate and Hazard Pay Changes
On Monday, the Portland City Council instituted a mask mandate for businesses in the city. During their meeting, they also lifted the State of Emergency…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB: HMDA Filing Period Has Begun MLA Database Update Annual Threshold Changes Transitioning Away from LIBOR Reminder: Diversity Self-Assessment…
NCUA Board Approves COVID-19 Regulatory Relief Extension
The National Credit Union Administration Board unanimously approved an extension of the effective date of its temporary final rule, which modified certain regulatory requirements to…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Updates EFT/Reg E FAQs FinCEN Seeks Input on Modernizing AML/CFT Regime Complete NCUA’s Volunteer Credit Union Diversity Self-Assessment…