Compliance Watch

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.

On Dec. 3, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction that prohibits enforcement of the Corporate Transparency Act (31 U.S.C. §5336) and the Reporting Rule (31 C.F.R. 1010.380).

To help you address emerging fraud risks, we’ve updated the Fraud Channel with new content under Cyber-Enabled Fraud and Wire Transfers topics.

Have there been changes to the Office of Foreign Assets Control (OFAC) regulations pertaining to electronic filing and record retention?