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 | Week of January 26, 2026:

• Compliance Calendar: https://members.viclarityus.com/compliance-calendar.cfm 
• Recent Q&As: January 2026 – Part 2: https://members.viclarityus.com/questions-and-answers.cfm/Article/Questions–Answers/January-2026-_-Part-2-QA/2026-1-26/0

Recommended Reading:

Proposed Changes in Credit Card Interest Rates & Late Fees
Summary: Interest rates. You monitor them, you vary them, but to credit unions everywhere, the ability to set them is an operational necessity. Over the past month, credit card interest rates have been a topic of conversation following President Trump’s statements on Truth Social calling for a 10% cap on credit card interest. All credit card issuers were expected to comply with this requirement by January 20.

Risky Business: Risk Conscious Compliance Strategies in an Age of Deregulation
Summary: This age of deregulation is like a double-edged sword. On one hand, it does provide credit unions with more business flexibility, possibly leading to more opportunities. On the other, without clear direction, risk mitigation can become a nightmare.

Where the Rubber Meets…AI? Artificial Intelligence Becoming Necessity in Credit Union Operations
Summary: Artificial Intelligence (AI) and credit unions have only just recently begun to go together in the same sentence. Credit unions, being inherently risk averse, have had implementation concerns, specifically when it comes to member privacy and security.