Federally insured credit unions are invited to complete the Voluntary Credit Union Diversity Self-Assessment before January 15, 2022. The self-assessment is a valuable tool for…

Topics in this week’s edition include: FinCEN Issues Proposed Rule for Beneficial Ownership Reporting to Counter Illicit Finance and Increase Transparency FFIEC BSA/AML Exam Manual…

According to the latest financial performance data released by the National Credit Union Administration, federally insured credit unions saw shares and deposits increase by $219.9…

Topics in this week’s edition include: NCUA Board Calls on Congress to Make CLF Enhancements Permanent FinCEN Notice on Environment Crimes and Financial Activity CFPB…

The Federal Financial Institutions Examination Council (FFIEC) released one new section and updates to three sections of the Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual.

Topics in this week’s edition include: OSHA COVID-19 ETS Information Mortgage Servicing Supervisory Flexibility Ending FCU Meeting Flexibility in 2022 IRS Reminder About Child Tax…

In a letter to credit unions, NCUA announced it is extending the flexibility for federal credit unions to conduct meetings virtually in 2022.

Topics in this week’s edition include: FinCEN Updates Advisory on Ransomware CFPB Action to Stop False ID Name-Matching 401(k) Contribution Increase CFPB Resources for Members…

The League has launched a new compliance resource—a discussion board for member credit unions. The InfoSight discussion board is available for anyone who has an…

Topics in this week’s edition include: New CFPB Guide for Family Members of Elders CFPB Director Chopra on Stablecoin IRS Issues Additional $510 Million in…

Topics in this week’s edition include: HMDA Reminder – Use 2020 Census Data Beginning January 1, 2022 Tech Companies Ordered to Provide Info to CFPB…

In a letter sent to House Financial Services Committee leadership to Tuesday, CUNA wrote that the Consumer Financial Protection Bureau (CFPB) missed many opportunities in…

Topics in this week’s edition include: Business Email Compromise Through Exploitation of Cloud-Based Email Services Ransomware Information: Virtual Currency OFAC Guidance for Virtual Currency Industry…

In an effort to protect credit unions from deceitful cyber activity, the League is sharing a memo released by the NCUA on October 19 that…

Topics in this week’s edition include: CFPB Making Changes to Credit Card Data Submission Process Register Now for Webinar on Bias in Home Appraisals and…

Topics in this week’s edition include: Task Force Issues Guidance for Federal Contractors Vaccine Mandate CFPB Responds to Residents’ Rights Month Canada Makes AML/CFT Progress…

Topics in this week’s edition include: CFPB Report on Consumer Complaint Submissions FinCEN Starts Process for New Antiquities Trade Regs COVID-19 Multifamily Forbearance Extended Again…

Topics in this week’s edition include: Webinar – Money Laundering from Environmental Crime Treasury Acts to Counter Ransomware OFAC Releases Advisory on Ransomware Payments FinCEN…

Federally insured credit unions with both the minority depository institution and low-income designations are eligible to apply for the National Credit Union Administration’s MDI mentoring…

Topics in this week’s edition include: OFAC Blocked Property Due September 30 HMDA Filing Instructions Guide State Regulators Shut Down Four Fake Websites Ten-Digit Dialing…

Federally insured credit unions experienced strong asset and share-and-deposit growth over the year ending in the second quarter of 2021, according to the latest NCUA Quarterly…

Topics in this week’s edition include: Highlights – League InfoSight Survey CFPB Proposes Business Loan Data Collection Rule $47 Million to Fight Housing Discrimination Court…

Topics in this week’s edition include: CFPB Withdraws Proposal to Delay Debt Collection Rules Interagency Statements Regarding Hurricane Ida and CA Wildfires Revised Fannie/Freddie Uniform…