DIANA WOZNIAK is human resource manager at Tampa Bay (Fla.) Federal Credit Union and chair of the CUNA HR/TD Council. Contact her at (813) 383-2364 or at firstname.lastname@example.org. For more information about CUNA Councils, visit cunacouncils.org.
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.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.