CUNA's Small Credit Union Committee is advancing an initiative intended to provide a “win-win” merger alternative for many credit unions who are interested, but hesitant, to pursue a merger growth opportunity.
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.
CUNA compliance staff has received a number of questions in recent weeks regarding Internal Revenue Service W-9 forms and taxpayer identification numbers. A recent CompBlog entry lists some of those frequently asked questions, along with answers.