CUNA hosted its annual Bank Secrecy Act Conference last week in conjunction with the National Association of State Credit Union Supervisors. Attendees heard from a variety of experts on the top BSA issues.
As the holidays approach, many credit unions have questions about consecutive day closings. For example, a credit union might like to close for Thanksgiving, Nov. 24 and remain closed until the following Monday, Nov. 28. Is that allowed?
It its latest “Back to Basics” CompBlog post, CUNA’s compliance staff examines a number of things credit unions should know about Office of Foreign Assets Control compliance. OFAC enforces and administers sanctions programs and furthers national security goals.
With CUNA’s Bank Secrecy Act Conference, hosted in conjunction with the National Association of State Credit Union Supervisors, coming up next month, CUNA’s compliance staff went into detail of the NCUA’s BSA compliance program in a recent CompBlog entry.
CUNA’s final rule analysis of the CFPB changes to the TRID rule is now available. The rule, published in the Federal Register this week is effective Oct. 10, with a mandatory compliance date of Oct. 1, 2018.
While proposed changes to the CFPB prepaid accounts rule provide some clarity, it will not be helpful for most prepaid card users and CUNA remains opposed to the rule’s application of Regulation Z to certain prepaid cards.
Credit Unions for Kids connects the credit union movement and CMN Hospitals to ensure patients are able to get the care they need. One such patient will perform on "America’s Got Talent" Tuesday at 8 (ET).