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Twice a month, our partners at ViClarity deliver timely articles, expert Q&As, and a dynamic compliance calendar designed to help your credit union stay ahead of deadlines and confidently navigate the ever-changing regulatory landscape. It’s a simple, powerful way to make the most of all that ViClarity has to offer. Read on to find out what you need to know.
To access the resources below, you must be logged in to ViClarity’s members-only website—an added benefit of belonging to the Maine Credit Union League. Have questions, want to know more, or looking to set up an account? Contact a member of ViClarity’s support team at mcul@viclarityus.com.
Updates | April 8, 2026:
- Compliance Calendar: https://members.viclarityus.com/compliance-calendar.cfm
- April Q&As – Privacy: https://members.viclarityus.com/questions-and-answers.cfm/Article/Questions–Answers/April-2026-_-QA-Privacy/2026-4-13
- ViClarity is co-hosting a webinar on May 28 with their new partner, Curated Cyber. Register Here
Recommended Reading:
Hidden in Plain Sight: Using NCUA Actions to Fortify Internal Controls
Summary: Insider fraud is an uncomfortable truth of the banking and financial services industry, but discovery can be especially jarring at credit unions. Instead of being big, faceless for-profit institutions, credit unions are cooperatives built on the premises of trust. From inception, community members pool their resources and extend trust to an elected board of directors, charged with the duty to oversee and safeguard the credit union. When this trust is broken, especially from the inside, the damage is pervasive and goes beyond simple monetary penalties.
Illinois’ Attorney General Files Reply in Interchange Fee Case
Summary: The State of Illinois has garnered national attention for reasons that the financial services industry doesn’t love. Last year, the state passed the Illinois Interchange Fee Prohibition Act, which required that no portion of the interchange fee for any consumer transaction be charged on the portion of the sale subject to state sales tax. This law fundamentally changed the way financial institutions, including credit unions, could levy interchange fees.
Two-for-One: FinCEN Publishes Two Proposed Rules
Summary: Recently, the Financial Crimes Enforcement Network (FinCEN) has released two proposed rules which may impact the credit union industry. The first rule would alleviate and modernize Anti-Money Laundering (AML) and Countering the Financial of Terrorism (CFT) requirements. The second implements provisions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).