When members or potential members visit your credit union, you may start noticing (if you haven’t already) that they have replaced their traditional driver’s licenses…

The League is pleased to announce that a brand-new InfoSight is coming soon to help credit unions with their compliance needs. InfoSight is launching its…

The Financial Accounting Standards Board agreed to propose a one-year delay in the implementation date for the current expected credit loss (CECL) standard as it…

Scammers are always looking for ways to steal money and have been using fake checks to victimize consumers and financial institutions. Fake checks are increasingly…

On August 5, from 3 – 4:30 PM, the Credit Union Webinar Network will host a webinar covering recent changes to Regulation CC. With systems…

Effective July 1, credit unions must accept private flood insurance policies for applicable loans if they meet the definition outlined in the Biggert-Waters Flood Insurance…

The Maine Legislature enacted a new Probate Code that will impact how your credit union establishes single-party and multiple-party accounts. The new rules originally were…

On June 12, Synergent, the League’s service subsidiary, hosted a webinar focused on sharing best practices for preventing fraud. If you missed this free event,…

The Maine Legislature enacted a new Probate Code that will impact how your credit union establishes a single-party and multiple-party account when the new rules…

A proposed rule from the National Credit Union Administration could help credit unions address looming liquidity problems.

CUNA is encouraging the Senate Commerce Committee to press the Federal Communications Commission on what actions and rulemakings, if any, the agency will undertake to ensure…

Even though we live in a digital world, more than half of states – including Maine – still use paper to track auto liens.  CU…

At a hearing before the House Consumer Protection and Financial Institutions Subcommittee, consumer advocates endorsed plans to impose a 36% interest rate cap on short-term,…

The League is now accepting registrations for its Bankruptcy and Collections Conference, being held on June 12 in Brunswick.

The National Credit Union Administration is hosting a webinar on April 24 to discuss the NCUA Office of Credit Union Resource and Expansion’s priorities for…

On March 28, the League hosted a Regulator Roundtable as part of Credit Union Day in Augusta.  The event, which was attended by 27 credit…

Do you have a compliance champion at your credit union? Are you proud of the work your credit union is doing to achieve its compliance…

Last week, the Senate voted to confirm Rodney Hood and Todd Harper to serve on the NCUA board, giving NCUA a full three-person board for the…

CUNA wrote to the House Energy and Commerce Committee in support of new federal protections regarding the use and security of data held by businesses and…

CUNA’s 2018 Year-in-Review Checklist was released last week to consolidate resources and information available on the finalized rules and regulations that occurred during calendar year…

With legal hurdles for financial institutions to serve marijuana businesses under the spotlight in Congress, two things are clear: Members of both parties want to…

NCUA recently published its annual list of supervisory priorities for the upcoming exam cycle, and to help their clients prepare with these priorities, Wipfli/Macpage developed a checklist…

The CFPB announced increases to the maximum asset-size of credit unions exempt from collecting Home Mortgage Disclosure Act (Regulation C) data in 2019. It also raised…

The Internal Revenue Service has raised the business mileage rate to 58 cents per mile effective January 1, 2019.