CUNA’s 2019 Year in Review Checklist is now available to help credit unions review and update policies and procedures to reflect regulatory changes of 2019. The checklist is designed to accompany CUNA’s 2019 Year in Review document, which consolidates resources and information available on finalized rules and regulations over the course of 2019.
The year in review poses questions to credit unions about what needs to be done to come into compliance with various consumer lending, real estate lending, deposit accounts and operations-related rules.
It also covers the one-year delays of implementation of both NCUA’s risk-based capital rule and the Financial Accounting Standards Board’s current expected credit loss (CECL) standard.
Real estate lending