Compliance

A limited number of temporary exemptions granted for some institutions. READ MORE

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

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

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

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

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

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

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

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

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

NCUA’s Office of Small Credit Union Initiatives (OSCUI) is offering yet another free webinar.  This webinar will discuss how collaboration can help Credit Unions compete and offer greater value to their members.   NCUA’s OSCUI typically fosters development for small, new and low income designation credit unions; however, this webinar is open to credit unions of [...]

Given the volume and complexity of the CFPB’s new mortgage rules related to Reg Z and Reg X, we haven’t focused much on the new Reg B appraisal rule. However, we are seeing some confusion with the timing requirements, so here is some information that hopefully clarifies the timing. The rule generally provides that a [...]

In January you were shocked at the sheer volume of mortgage rules.  From February through May you attended trainings, read summaries, or read the actual rules and began to understand them.  Now that you understand them, you know how difficult and time-consuming implementation of the new rules will be; and, now that summer is in full [...]