Compliance Watch

In a Letter to Federal Credit Unions, the NCUA announced it is piloting a new post-examination survey that will allow credit unions to provide timely feedback to the agency while helping to standardize the feedback process.

The Oklahoma State Credit Union Board has announced a special meeting on Tuesday, Sept. 21, 2021, at 2 p.m.

President Joe Biden issued a COVID-19 Action Plan, “Path out of the Pandemic,” which includes an effort to reduce the number of unvaccinated Americans by using regulatory powers and other actions to increase vaccination numbers.

Earlier this year, the Office of Foreign Asset Control posted Guidance on Filing the Annual Report of Blocked Property and emailed a reminder that holders of blocked property under OFAC regulations must provide OFAC a comprehensive list of all blocked property held as of June 30 of the current year by Sept. 30 of each year.

The CFPB has announced that the Filing Instructions Guide for Home Mortgage Disclosure Act data collected in 2022 is now available.

Michigan regulators issued a temporary cease-and-desist order Friday against an alleged fake website of a credit union, a bank, and two other financial institutions.

A 10-digit dialed telephone call requires entering both the three-digit area code and the seven-digit telephone number to complete the call, even if the area code is the same area code as your own.

Question: Do we have to CIP another credit union or bank that wants to open an account?

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