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…

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…

CUNA’s Compliance Blog highlights the updates the Federal Financial Institutions Examination Council issued to its BSA/AML Examination Manual.

Topics in this week’s edition include: InfoSight FAQs Biden Administration Takes Steps to Promote Equitable Access to SBA Relief Bureau and States Sue Libre For…

Topics in this week’s edition include: InfoSight FAQs HMDA Data (Submitted by March 1) CFPB Issues Rule on HPML Escrow Exemption Fed Extends PPP Exception…

The National Credit Union Administration and the Internal Revenue Service are co-hosting a webinar on the Earned Income Tax Credit and Volunteer Income Tax Assistance…

Topics in this week’s edition include: 2021 Risk Alerts from CUNA Mutual Group FinCEN Advisory on COVID-19 Fraud Fate of QM and Debt Collections Rules…

Topics in this week’s edition include: InfoSight Is Not Just for the Compliance Officer FinCEN Changes Comment Date for CVC/LTDA Transactions Proposal Again OFAC Upgrades…

The National Credit Union Administration will hold a webinar on February 11 that will provide participants with an update on Chairman Todd M. Harper’s priorities,…

Topics in this week’s edition include: SolarWinds Breach Statement from League InfoSight NCUA, CFPB Memorandum Calls for Coordination of Compliance, Enforcement FinCEN Submits Renewal of…

President Biden has designated National Credit Union Administration Board Member Todd M. Harper as the twelfth Chairman of the NCUA Board.

Topics in this week’s edition include: What Are You Missing? FinCEN Issues FAQs on SARs NCUA Board Approves Final Rule on the Role of Supervisory…

The National Credit Union Administration (NCUA) has issued its supervisory priorities for 2021 to help credit unions prepare for their next NCUA examination.

Topics in this week’s edition include: 2021 Compliance Calendar Stimulus Funds are Here Verifying Stimulus Payments SBA and Treasury Announce PPP Re-Opening; Issues New Guidance…

The National Credit Union Administration issued three letters to credit unions in the early days of 2021. The letters covered the COVID-19 relief/government funding bill,…

Topics in this week’s edition include: NCUA Proposes Amendment of SAR Regs 2019 Terrorist Assets Report FinCEN Issues COVID-19 Scam Alert OFAC Adds FAQs On…

The CFPB issued a final rule to implement Fair Debt Collection Practices Act requirements regarding certain disclosures for consumers.

The National Credit Union Administration Board has released its monthly meeting schedule for 2021. NCUA also announced it will be making several enhancements to its…

Senators Collins and King voted in favor of Kyle Hauptman’s nomination to the NCUA Board of Directors. Hauptman will replace former NCUA Chair and Board…

The Maine Bureau of Financial Services provided state-charted credit unions with a ransomware self-assessment tool to help mitigate the risk of a cybersecurity attack.

To help credit unions communicate their compliance with Governor Mills’ latest Executive Order requiring face masks be worn in all public settings, the League has…