Compliance Watch

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?

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.