The League joined our partners at America’s Credit Unions and other industry allies in expressing our strong opposition to the Consumer Financial Protection Bureau’s (CFPB)…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
Simplified CECL Tool Updated for March 2024
The National Credit Union Administration (NCUA) released the March 2024 update of its Simplified CECL Tool earlier this week. The update includes the average loan…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
Register Now for April 4 Liquidity Risk Management Webinar
The National Credit Union Administration will host a webinar on April 4 on liquidity risk management at 2:00 pm and run approximately 60 minutes. On…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
Join the League in Bangor as We Host a Compliance Conference for Credit Unions
On March 26 and 27, the League is holding a two-day Compliance Conference at the Hilton Garden Inn in Bangor featuring Kristen Tatlock and Jamin…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
CFPB Caps Credit Card Late Fees for Large Financial Institutions at $8
The CFPB has issued its final rule to reduce the safe harbor threshold credit card issuers can charge for late payments to $8. While the…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
InfoSight eNewsletter
Is your credit union leveraging the resources found on InfoSight? If you aren’t, you should! A snapshot of the topics available in this week’s InfoSight…
Join the League Next Week for a Compliance-Focused Town Hall
Compliance is always top of mind for credit unions. Join the League on Tuesday, February 27 at 1:00 pm, as we facilitate a timely discussion…
InfoSight eNewsletter and Monthly Compliance & Fraud Meeting Reminder
Topics in this week’s InfoSight newsletter include: Examination Principles Related to Valuation Discrimination and Bias in Residential Lending Continuing the Celebration of Black History Month…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: NCUA Chairman Todd M. Harper’s Remarks on Agenda for Review of Credit Union Regulations FinCEN Proposes Rule to…
Infosight eNewsletter
Topics in this week’s InfoSight newsletter include: Consumer Compliance Outlook Issue Released The CFPB’s Enforcement Work in 2023 and What Lies Ahead Registration Open for…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts Board Approves Annual Performance Plan; Briefed on…
Maine Law Court Overturns Free House Rule
Earlier this month, the Law Court issued a decision on Finch v. U.S. Bank, overturning precedent set in 2017 by Pushard v. Bank of America.…
NCUA Letter to Credit Unions: 2024 Supervisory Priorities
This week, the NCUA released a letter outlining its supervisory priorities and other updates to the agency’s 2024 examination program. The NCUA focused on areas…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees FinCEN…
Maine Credit Unions Receive Silver Lining from Latest CFPB-Proposed Rule on Overdraft
The Consumer Financial Protection Bureau (CFPB) released a proposed rule addressing overdraft fees and disclosures surrounding overdraft services that would treat an overdraft as a…
Breaking Down the New BOI Access Rule
America’s Credit Unions has shared their latest Compliance Blog, breaking down the new BOI access reporting rule, which went into effect January 1. The post…
InfoSight eNewsletter and Monthly Fraud Call Reminder
Topics in this week’s InfoSight newsletter include: Annual Threshold Changes and More! Risk Alert from Go West: Credit Unions Should be Aware of Recent Social…
InfoSight eNewsletter
Topics in this week’s InfoSight newsletter include: CFPB Issues Report Showing Many Americans Are Surprised by Overdraft Fees CFPB Report Finds Many College-Sponsored Financial Products…
NCUA Releases Q3 2023 State-Level Data Report
Federally insured credit unions experienced growth in loans, positive net income, and delinquencies in the third quarter of 2023, along with a decline in assets,…