Compliance

BSA E-Filing Required by July 1

May 01, 2012
A limited number of temporary exemptions granted for some institutions. READ MORE

CFPB Extends Reg Streamlining Deadline

May 01, 2012
Interested parties have until June 4 to provide comments on the bureau's regulatory streamlining project. READ MORE

Self-Audit With Care

April 16, 2012
During the past two years, U.S. Immigration and Customs Enforcement has shifted its focus from individual undocumented workers to those who hire them. READ MORE

Three Top Compliance Challenges

April 14, 2012
Increased emphasis on these issues will require CUs to re-examine their processes, disclosures, and training. READ MORE

Forms Will Change With CFPB in Charge

April 01, 2012
Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) transferred rule-making authority for a number of consumer financial protection laws from seven federal agencies to the Consumer Financial Protection Bureau (CFPB) as of July 21, 2011.  READ MORE

Prepare for New Remittance Rules

April 01, 2012
In January 2012, the Consumer Financial Protection Bureau (CFPB) amended Regulation E and its official interpretation to provide new protections to consumers who send remittance transfers to other consumers or businesses in foreign countries.  READ MORE

Exam Time? Announce Your Presence with Authority

March 30, 2012
Develop a good working relationship with your examiner—but make it clear you have a well-thought-out business plan. READ MORE

Top 10 ‘Additional Triggers’

March 22, 2012
The recent GAO report regarding NCUA and failed CUs was an eye-opener. READ MORE

Navigating Dodd-Frank’s Murky Waters

March 22, 2012
Traversing the ever-changing regulatory environment of yesterday seems like child’s play compared with the “new normal” of today. READ MORE

The Interaction of SCRA and Reg Z

March 22, 2012
The first thought a CU has when it learns a member is in the military or is about to go on active  duty is that it will have to comply with the Servicemembers Civil Relief Act. READ MORE

The Works Blog The Works Blog is produced by PolicyWorks LLC, Des Moines, Iowa.

#FinCEN smuggling & trafficking guidance

Detecting and reporting suspicious transactions is essential in the financial industry. FinCEN issued an advisory last week to help financial institutions identify “red flags” to assist with the identification and reporting of suspicious financial activities connected with human smuggling and trafficking. Detecting and reporting: Important observations when interacting with members and throughout the credit unions […]

SCRA: An Acronym You Need to Know

In May, the United States Department of Justice announced a $60 million settlement with student loan servicer Sallie Mae for alleged violations of the Servicemembers Civil Relief Act (SCRA). As a result, the once seemingly forgotten 4th fair lending law now resumes its rightful place center stage. If it’s been awhile since your credit union’s […]

Elder Justice Site Launched

Whether it has become more common due to our aging society, or it is simply more prevalent in the news, elder abuse is receiving more attention as of late.  The Department of Justice felt that this topic was deserving of additional resources, and thus created an Elder Justice website. The website contains resources for victims […]
More Stories

What's Popular

Popular Stories

Recent Discussion

Your Say: Does Your CU Offer Subprime Loans?

View Results Poll Archive