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Staying ahead in today’s regulatory environment can be challenging. That’s why our partners at ViClarity provide twice-monthly updates featuring timely articles, expert Q&As, and an interactive compliance calendar designed to keep your credit union informed and prepared. Read on for the latest insights and resources.
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 | July 28, 2026:
- Compliance Calendar: https://members.viclarityus.com/compliance-calendar.cfm
- July Q&As | Part 2 – Customer Identification Program Review: https://members.viclarityus.com/questions-and-answers.cfm/Article/Questions–Answers/July-2026-_-QA-Part-2-Customer-Identification-Program-Review/2026-7-24
Recommended Reading:
Remix! CFPB To Publish RFI For Credit Card Late Fees
Summary: Sometimes a remix is better than the original. With the Consumer Financial Protection Bureau’s (CFPB) potential revisit of credit card late fees, that is probably not the case.
NCUA, OCC, and FDIC Publish Joint Guidance on Lending Practices for Non-Residents
Summary: Recently, the National Credit Union Administration (NCUA), in conjunction with Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), published joint guidance meant to address the requirements of Executive Order 14406: “Restoring Integrity to America’s Financial System.”
Grit: Consistent Demonstrations of Credit Union Excellence
Summary: Merriam-Webster’s Dictionary defines grit as “firmness of mind or spirit; unyielding courage in the face of hardship or danger.” In an industry that has faced changing regulatory requirements, a marked shift towards deregulation, and varying risk considerations, credit unions have shown just that.