ViClarity Monthly Update

August 26, 2026 |

Staying ahead in today’s regulatory environment can be challenging. That’s why our partners at ViClarity provide 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 | August 26, 2026:

Webinar Registration for SARs & CTRs: Let’s Work Through It!

Webinar: September 23, 2026 | 2 p.m. ET | 1 p.m. CT  | 12 p.m. MT | 11 a.m. PT  

SARs and CTRs are essential to an effective BSA program—but knowing when to file, what to include, and how to get the details right can be challenging. And when reporting errors can lead to examiner criticism, there’s little room for guesswork. So, let’s roll up our sleeves and work through it together.  

Join ViClarity Compliance Specialists Farren Home-Lovell and Tyler Draffan for an interactive, scenario-based workshop designed to take BSA reporting out of the textbook and into the real world. Forget the typical “sit back and listen” webinar. You’ll work through realistic scenarios, test your knowledge, compare approaches, and discuss what examiners are looking for.  

Register Here: https://affiliatesmgt.zoom.us/webinar/register/WN_mXsleUqwQ2O6Yw1LVknhVw

Recommended Reading:

Name Changes for Credit Unions: Strategic, Regulatory & Legal Considerations
Summary: A credit union’s name is one of its most valuable assets. It reflects the institution’s brand, mission, field of membership, community presence, and reputation. Whether driven by expansion, modernization, geographic growth, charter evolution, or strategic repositioning, a name change is far more than a marketing exercise. It requires thoughtful consideration of regulatory requirements, trademark implications, operational impacts and member communications.

NCUA Publishes First Round of Finalized Proposals as Part of Its Deregulation Project
Summary: The National Credit Union Administration (NCUA) has finalized several proposals as part of its ongoing Deregulation Project. The NCUA’s Deregulation Project is a “multi-year initiative to review, streamline, and modernize the agency’s regulatory framework.” 

U.S. Senate Committee Publishes Report Showing Elderly Populations More Susceptible to AI Fraud
Summary: Fraud, the financial services industry’s least favorite “f” word, is being furthered by the advent of Artificial Intelligence (AI). Perhaps because of its adaptability, AI has become a fraudster’s favorite tool, targeting many different population sectors at once. However, according to a special report published by the U.S. Senate Committee on Aging, elderly individuals are the most vulnerable to targeted AI fraud scams.