ViClarity Bi-Weekly Update and Artificial Intelligence Town Hall

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.

Virtual Town Hall | June 24, 2026 at 2 pm ET

Join ViClarity Compliance Specialist Tyler Draffan for a high-level overview of practical artificial intelligence (AI) applications, including AI as a “first line of defense” in fraud prevention, as a time-saving underwriting tool, and as a facilitator of better human service to members. Explore how credit unions can use AI effectively while keeping people responsible for review, judgment, and decision-making.

To attend this free virtual town hall, please register here in advance.

Updates | May 25, 2026:

• Compliance Calendar: https://members.viclarityus.com/compliance-calendar.cfm 
• May Q&As – Back to Basics Part 2: https://members.viclarityus.com/questions-and-answers.cfm/Article/Questions–Answers/May-2026-_-QA-Part-2-Back-to-the-Basics/2026-5-22

Recommended Reading:

CFPB Shakes Up Regulation B
Summary: A few weeks ago the Consumer Financial Protection Bureau (CFPB) rolled out some pretty big changes to Regulation B under the Equal Credit Opportunity Act (ECOA). The updates focus on three areas: disparate impact, discouragement, and special purpose credit programs (SPCPs). Here’s a quick breakdown of what’s changing and why it matters.

Game Changer in the Bottom of the Ninth Inning: NCUA Issues Rule Preempting the IFPA
Summary: Some wins are minor achievements, some are a grand slam in the bottom of the ninth. The National Credit Union Administration (NCUA) has proposed an interim rule stating that federal regulations preempt Illinois’ Interchange Fee Prohibition Act (IFPA) — a huge win for the credit union industry.

Mulligan! FFIEC Revises CAMELS Rating System
Summary: The Federal Financial Institutions Examination Council (FFIEC) has recently proposed changes to the CAMELS rating system. The CAMELS rating system is a uniform rating system designed to evaluate the safety and soundness of financial institutions.