The Hispanic market is the largest, fastest-growing, youngest, and most underserved market in the U.S. It presents a great
growth opportunity for credit unions seeking to remain viable in the future.
U.S. financial institutions used to consulting the convenient credit reports at their fingertips when considering a borrower's creditworthiness will find it tough going in many nations, especially in Latin America, to get a credit report. READ MORE
The IRS has issued regulations in final form that ease the reporting of employment taxes for small businesses, including smaller credit unions, required to pay monthly federal employment taxes. READ MORE
NCUA will seek statutory authority over only certain types of third-party vendors of services to credit unions in an accord reached Thursday by members of the agency board, CUNA has learned from high-level sources at the agency. READ MORE
CUNA’s center for professional development has certified a class of credit union professionals through RegTraC, CUNA’s Regulatory Training and Certification program. Use the Resource Link to view the complete list of recipients. READ MORE
Once the Financial Crimes Enforcement Network’s new customer due diligence rule becomes effective May 11, 2018, credit unions will be required to identify and verify the beneficial owners of business-type accounts.
The 2017 CUNA GAC kicks off Feb. 26, registration starts Sunday and leads into that evening’s ED (Filene) Talk, and continues Monday with the kickoff of the general session and a number of breakout sessions.