Topics in this week’s edition include: NCUA Releases Q2 2022 State-Level Credit Union Data Report CFPB Study Details the Rapid Growth of “Buy Now, Pay…
NCUA Issues Letter Regarding Onsite Operations and Releases Quarter Two Credit Union Data Report
The NCUA issued a letter to federally insured credit unions announcing that the agency will be entering the third phase of resuming its onsite operations…
InfoSight eNewsletter
Topics in this week’s edition include: Late Night ACH File Delivery for Many Began September 12 NCUA Releases Simplified CECL Tool for Small Credit Unions…
NCUA Releases Simplified CECL Tool for Small Credit Unions
The National Credit Union Administration (NCUA) released a new tool to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on…
NCUA Releases Second Quarter Credit Union System Performance Data
According to the latest financial performance data released today by the NCUA on Wednesday, total loans outstanding in federally insured credit unions increased $194 billion…
InfoSight eNewsletter
Topics in this week’s edition include: MLA Schedules Next System Release NCUA Grants Will Allow Low-Income Credit Unions to Expand Service, Build Capacity Beware of…
Letter to Credit Unions: Updates to Interest Rate Risk Supervisory Framework
NCUA Chairman Todd Harper issued a letter to inform federally insured credit unions about its revised interest rate risk (IRR) supervisory framework. The changes to…
InfoSight eNewsletter & League Compliance News
Topics in this week’s edition include: NCUA to Distribute $395 Million Under Corporate System Resolution Program CUNA Releases August Economic Update Register Now for Webinar…
InfoSight eNewsletter
Topics in this week’s edition include: FHFA and Ginnie Mae Announce Updated Minimum Financial Eligibility Requirements for Enterprise Seller/Servicers and Ginnie Mae Issuers Registration Open…
InfoSight eNewsletter
Topics in this week’s edition include: $1 Million Same Day ACH Limit Not a Greater Fraud Risk, Nacha’s RMAG Finds CFPB Warns that Digital Marketing…
InfoSight eNewsletter
Topics in this week’s edition include: Registration Open for NCUA’s Bank Secrecy Act Webinar for Small Credit Unions NCUA Charters WeDevelopment Federal Credit Union Agencies…
InfoSight eNewsletter
Topics in this week’s edition include: 2022 International Credit Union Day Theme Announced CDFI Fund Update on CDFI Certification Application Process CFPB and Justice Department…
InfoSight eNewsletter
Topics in this week’s edition include: Proposed Rule on Reportable Cyber Incidents Approved by NCUA Board NCUA Board Approves Threshold for Determining the Appropriate Supervisory…
NCUA Board Issues Proposed Rule on Cyber Incident Reporting Requirements
The NCUA Administration Board held its seventh open meeting of 2022 on July 21 and unanimously approved two items: a notice of proposed rulemaking on…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Issues an Advance Notice of Proposed Rulemaking House Passes NDAA with SAFE Banking FTC Details its Enforcement Actions…
InfoSight eNewsletter
Topics in this week’s edition include: New Compliance Videos CFPB: Permissible Purposes for Pulling and Using Credit Reports Joint Statement on Customer Due Diligence FHA…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Issues a Final Rule Amending Reg V Job Hunting? Look Out for Phony Postings CFPB Reviewing Credit Card…
InfoSight eNewsletter
Topics in this week’s edition include: Consumers Demanding Faster Payments Chopra: CFPB Wants to Change Nature of Regulations FFIEC Announces Availability of 2021 Data on…
InfoSight eNewsletter
Topics in this week’s edition include: Content Update: U.S. Savings Bond Validation Tool Request for Information Regarding Relationship Banking and Customer Service FinCEN Advisory on…
NCUA Releases Q1 2022 State-Level Credit Union Data Report
Federally insured credit unions experienced growth in assets, shares, and deposits, and loans outstanding over the year ending in the first quarter of 2022, according…
InfoSight eNewsletter
Topics in this week’s edition include: OFAC Publishes Russia-Related FAQs FTC Business Blog on Crypto Scam Losses Important Reminder: CDRLF Grant Round Closes on June…
Registration Open for NCUA’s Webinar on Challenges Faced by Small Credit Unions
On June 22, join staff from the NCUA as they host a webinar, “Small Credit Union Challenges,” from 2:00 – 3:00 pm. Registration for this…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms FHFA Requires New Public Disclosures by…
The League and Synergent Welcome Compliance and Enterprise Risk Management Interns
The Maine Credit Union League and Synergent are pleased to welcome summer interns Nicholas Tammaro and Sydney Seiders. Nicholas joins the Governmental Affairs team as…
InfoSight eNewsletter
Topics in this week’s edition include: Fifth Circuit Holds Oral Argument in Challenge to CFPB’s Payday Lending Rule Payment Provisions NCUA Letter to Credit Unions…