Compliance Watch

Kansas enacted substantive revisions to its Consumer Credit Code, including raising the threshold amount of consumer credit transactions that are subject to the Code from $25,000 to $69,500 (similar to Regulation Z’s 2024 threshold amount).

The NCUA has set its supervisory priorities for 2025. NCUA’s priorities are set each year based on the highest risk to credit union members, the industry, and the Share Insurance Fund.

Is there a certain channel that must be used to report a cyber incident to the National Credit Union Administration (NCUA)?

Cornerstone League and the Consumer Data Industry Association have filed a lawsuit against the Consumer Federal Protection Bureau’s final medical debt rule.

The NCUA recently finalized its rule on succession planning, which will take effect for federally insured credit unions on Jan. 1, 2026.

Our lending department is in the process of reviewing our auto financing practices. Have you heard of any recent violations so we can check to ensure we are handling everything correctly?

As 2024 draws to a close, our team is reflecting on this year's journey and setting our sights on 2025. Take a look at what we've accomplished and what lies ahead.

We have been experiencing a lot of Treasury check fraud involving altered payees. How can we verify that the payee on these checks is legitimate?

The National Credit Union Administration announced via a Dec. 17, 2024, Board Action Bulletin that the board approved the agency’s 2025–2026 operating budgets and a final rule on succession planning.

Credit unions in our region are reporting an increase in Interactive Teller Machine (ITM) and Automated Teller Machine (ATM) fraud.