Compliance: 2021 Year in Review, checklist now available
January 24, 2022
CUNA’s Compliance team has released its annual 2021 Year in Review and checklist, which covers all rules and amendments affecting credit unions issued in the last year.
The Year in Review covers rules, related CUNA compliance resources, links to the final rules, and effective dates. It also contains a list of all federal agency resources related to the rules.
The checklist asks a series of questions to ensure credit union compliance with the specific requirements within each rule.
Topics covered include:
Consumer and real estate lending
Deposit accounts
Operations
COVID-19 regulations
The information can be found on CUNA’s CompBlog, and the complete list can also be found within Credit Union Compliance Management System, a free benefit open to all CUNA members.
CompBlog also contains the list of COVID-19 temporary provisions set to expire in 2022 and beyond, updated this month.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.
