Compliance

CUNA stands ready to advance CU issues in the new political environment. READ MORE

What are the timing rules for the FACT Act risk-based pricing regulations that go into effect Jan. 1, 2011? READ MORE

CUNA will fight to contain the burdens associated with new directives and rules. READ MORE

The proposal would clarify portions of the Federal Reserve's final rules implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009, which was enacted in May 2009. READ MORE

CUNA President/CEO Bill Cheney appeared live this morning on CNBC's Squawk Box to talk about credit unions and whether NCUA's plan for dealing with the corporates constitutes a credit union bailout. READ MORE

The third phase of the Fed's implementation of the CARD Act. READ MORE

Are credit unions required to send a monthly e-statement notice via e-mail to members who have signed up for home banking? READ MORE

CUs explain how members and staff are adjusting to CARD Act requirements. READ MORE

CUNA approached the regulatory restructuring debate with the assumption that a bill was going to become law. READ MORE

NCUA's indirect lending red flags, ATM accessibility rules, and FDIC's overdraft proposal. READ MORE

If you remember last summer, NCUA’s Office of Consumer Protection notified over 1000 federal credit unions across the country of their eligibility for low income designation.  NCUA’s initiative was in part due to President Obama’s relief and recovery package to help drought stricken states across the country.   Many of you accepted the designation; however, do [...]

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to purchase only qualified mortgages as of January 10, 2014. For those of us that follow the secondary mortgage market and compliance regulations, this shouldn’t be much of a surprise.   The new CFPB rule allows for loans to be underwritten as either [...]

It’s here! Last week the CFPB issued the new final version of the remittance transfer rule. The final rule, which was originally supposed to be effective in February, has now been re-issued. The CFPB has given financial institutions additional time to comply with the rule so the new effective date is October 28, 2013. This [...]