Compliance

Compliance: CFPB Supervisory Highlights note UDAAP violations

The CFPB released its Winter 2017 Supervisory Highlights recently, detailing issues currently on the bureau’s radar, as well as enforcement trends credit unions should be mindful of, most notably UDAAP in auto loan servicing, mortgage servicing and deposits.

Compliance|Policy & Issues

Compliance: Regulators update CECL FAQ document

The NCUA, along with other federal financial regulators, has posted a FAQ document on the CECL standard. CUNA has called on NCUA to provide credit unions with resources on CECL to aid in implementation.

Compliance|CU Rock Stars 2018

Finding her voice

Melanie Riedl leaves a mark on strategy, compliance, and financial literacy at University of Louisiana FCU.

Compliance|Subscribers

Agencies mandate acceptance of private flood insurance

Move is designed to reduce the financial strain on the National Flood Insurance Program.

Compliance

Interagency statement on Midwest flooding

Compliance

Communicate CECL to nonfinancial leaders

Start educating board members and executives about new financial expectations.

Compliance

Cybersecurity and the board

The ever-increasing array of cyberthreats makes the board’s ongoing involvement in cybersecurity critical.

Compliance|Marketing

PODCAST: Kristen Tatlock on avoiding social media compliance pitfalls

Advertising rules have failed to evolve as quickly as technology.

Compliance

Know the rules on holiday gifts

As the holiday gift-giving season begins, it’s a good time to review your CU’s Bank Bribery Act policy.

Compliance|CU Rock Stars 2018

The compliance geek

As chief compliance officer for the Credit Union Association of the Dakotas, Amy Kleinschmit deciphers regulations and finds solutions.

Lending|Compliance

Lending compliance: Focus on three top priorities

It’s better to spend money on compliance than remediation.

Compliance|Policy & Issues

Compliance: CECL implementation delay made official by FASB

FASB has officially issued an update to its CECL standard, delaying implementation for credit unions for fiscal years beginning after December 2021. CUNA strongly pushed for the delay for help credit unions come into compliance.