Events included an update on risk-based capital proposal and a small CU roundtable.
February 23, 2014
Buzz Points Marketing Program Manager Holly Watson (right) chatted with Karen Knowlton, EVP, Champion CU, about the vendor’s merchant-funded loyalty program that places an emphasis on local communities.
Further CUNA analysis of the U.S. Department of Labor’s overtime rule found minor relief, but CUNA remains concerned about the increased burden on credit unions. Several CUNA-suggested changes were included in the final rule.
Six federal agencies published guidance last week designed to ensure all depository institutions are aware of expectations when it comes to deposit reconciliation. CUNA’s compliance explains what it means for credit unions in a recent CompBlog post.