Compliance Watch

I heard that the Beneficial Ownership Information (BOI) requirements under the Currency Transparency Act were put on hold. What is the status of the BOI Program now?

In the past, we have provided links to top news articles from the week, linking those stories directly from regulatory agencies. Although a ton is happening in the industry...

When a Receiving Depository Financial Institution (RDFI) receives an ACH entry, can they rely solely on the account number?

This year’s IMPACT 2025 takes place in Round Rock, Texas, at the Kalahari Resorts and Conventions center.

This past weekend, Rohit Chopra was let go as the director of the Consumer Financial Protection Bureau. While his position had a five-year term, the Supreme Court ruled that the president could fire the director at will...

If the member has a term share certificate subject to the IRS levy, is the credit union required to redeem the account? If redeemed, is the credit union allowed to charge an early redemption penalty?

Microsoft will officially end support for Windows 10 on Oct. 14, 2025. After this date, there will be no more security updates, patches, or technical assistance for the operating system...

Can you direct us to a good source for financial literacy resources?

InfoSight360 integrates our flagship products and combines the best elements of these industry-leading tools into one seamless solution. Credit unions subscribed to any of our three products will be automatically upgraded to the new platform.

Does our credit union need to include the NCUA official advertising statement on member statements?