ViClarity Bi-Weekly Compliance Updates


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.

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:

Recommended Reading:

How to Refresh Annual BSA/AML Training: Practical Steps Beyond Compliance Requirements
Summary: ViClarity recommends that credit unions use annual Bank Secrecy Act (BSA)/Anti Money Laundering (AML) training as a control—not just a formality, a box to be checked. 

Keeping Busy! NCUA Releases 9th & 10th Deregulation Proposals & Streamlines Reporting Requirements
Summary: The National Credit Union Administration (NCUA) has been busy lately. Recently they released their ninth and tenth round of deregulation proposals as well as an RFI relating to the enhancement and streamlining of data collection requirements. Here’s the rundown.

The Hail Mary: OCC Intercedes on Illinois Interchange Law
Summary: The Illinois interchange law received some recent intervention from the Office of Comptroller of the Currency (OCC). In case you missed it, last year the State of Illinois passed the Illinois Interchange Fee Prohibition Act (IFPA), 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.