Low-income-designated credit unions seeking Community Development Revolving Loan Fund (CDRLF) grants, including MDI mentoring grants, have until June 26 to submit their applications.
InfoSight eNewsletter
Topics in this week’s edition include: Administration Proposes Expanded Reporting to IRS FinCEN Innovation Hours Program on Privacy Enhancing Technologies Yellen Asks Congress for Project…
CU PolicyPro to Host Training Sessions for CU Users
CU PolicyPro recently launched a fully redesigned policy management system for its credit union users. The new system includes a modern, easy-to-navigate design to help users…
InfoSight eNewsletter
Topics in this week’s edition include: Nacha Requests Feedback on Proposals and Posts RFI Fed Chair’s Message on Potential for Central Bank Digital Currency FTC Schedules…
NCUA Issues Regulatory Alert
On April 30, 2021, the Consumer Financial Protection Bureau (CFPB) published in the Federal Register a final rule amending the Ability-to-Repay/Qualified Mortgage Rule (ATR/QM Rule) in Regulation Z.
Maine Mask Mandate Lifted
Beginning May 24, Governor Mills will lift the indoor mask mandate regardless of vaccination status for all spaces with the exception of schools and child…
Infosight eNewsletter
Topics in this week’s edition include: Register for CU PolicyPro Training Agencies Extend Comment Period for Info Gathering on Uses of AI Fed Extends Reg O…
InfoSight eNewsletter
Topics in this week’s edition include: Federal Financial Regulators to Hold Webinar on Emergency Capital Investment Program CFPB Issues Annual Report on Servicemember Affairs CFPB…
CU PolicyPro Gets a Fresh New Look
League InfoSight has refreshed CU PolicyPro, making the new product more intuitive and user-friendly. In addition to enhanced usability and aesthetics, updates to the CU…
InfoSight eNewsletter
Topics in this week’s edition include: Qualified Mortgage Changes CFPB Issues Consumer Complaint Bulletin NASCUS Offers a Cannabis & Hemp eSchool CFPB Action Against Reverse…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Delays Compliance Date for General QM Final Rule Employer Tax Credits for Paid Leave for Vaccinations Sixth Batch…
Cannabis Banking Educational Opportunities
The National Association of State Credit Union Supervisors (NASCUS) is offering a virtual cannabis school, June 9–11. The League also is exploring programming that can…
InfoSight eNewsletter
Topics in this week’s edition include: NCUA Temporarily Modifies CU Regs First Action Filed Under COVID-19 Consumer Protection Act Community Development Revolving Loan Fund (CDRLF)…
NCUA Board Renews Prompt Corrective Action Relief
The National Credit Union Administration (NCUA) Board approved, by notation vote, an interim final rule that temporarily modifies certain regulatory requirements to help ensure federally insured…
InfoSight eNewsletter
Topics in this week’s edition include: Agencies Issue Statement and Request for Information on Bank Secrecy Act/Anti-Money Laundering Compliance Freddie and Fannie to Limit Loan…
U.S. Supreme Court Rules in Favor of a Narrow Definition of Autodialing System
The U.S. Supreme Court has ruled on Facebook v. Duguid and upheld the narrow statutory definition of “automatic telephone dialing system” in the Telephone Consumer…
InfoSight eNewsletter
Topics in this week’s edition include: CU PolicyPro Migration Five Ways to Prepare for Your Next Exam Without a Lot of Stress Proposed Mortgage Servicing…
InfoSight eNewsletter
Topics in this week’s edition include: 9-Day InfoSight Challenge President Signs PPP Extension Act of 2021 Agencies Ask Input on Institutions’ Use of Artifical Intelligence…
Infosight eNewsletter
Topics in this week’s edition include: What Would Your Day be Like Without InfoSight? Required Compliance Training RISK Alerts for March SBA Issues Interim Final…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Offers Webinar on Mortgage Forbearance Options March 24 NCUA Webinar Will Cover COVID-19 Credit Risk Issues EIP Direct…
NCUA Releases 2020 Annual Report
The National Credit Union Administration has released its 2020 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year.
InfoSight eNewsletter
Topics in this week’s edition include: CU PolicyPro’s New Look NCUA Publishes Proposal and Advanced Notice of Proposed Rulemaking (ANPR) SBA Issues Interim Final Rule…
NCUA Releases Q4 2020 Credit Union System Performance Data
Data on the financial performance of federally insured credit unions for the quarter ending December 31, 2020, is now available from the National Credit Union…
InfoSight eNewsletter
Topics in this week’s edition include: FFIEC Releases Updates to BSA/AML Consumer Finance Protection Week FCC Final TRACED Act Rules FinCEN Issues Advisory on Crimes…
Four Sections Are Updated in the Fed’s BSA/AML Examination Manual
CUNA’s Compliance Blog highlights the updates the Federal Financial Institutions Examination Council issued to its BSA/AML Examination Manual.