Compliance Watch
Featured Post
Texas Court Invalidates DOL Overtime Exemption Salary Threshold Rule
A federal judge in Texas struck down the DOL's latest attempt to raise the minimum salary thresholds for the FLSA's white-collar overtime exemption, finding that the rule exceeded the agency’s statutory authority. Login Required.
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A Better Way to Edit Your Policies
A quick outline of the latest updates you can expect when editing content within InfoSight360. -
Late-Breaking Update: Executive Order 14406 and Its Impact on Financial Services
FinCEN and the CFPB have issued guidance under Executive Order 14406 that could affect BSA/AML compliance, suspicious activity reporting, and lending practices. -
Explaining the Executive Order "Restoring Integrity to America's Financial System"
An overview of Executive Order 14406. -
Question of the Week: Record Retention on a Stale-Dated Stop Payment
Must a stop payment order be retained if the check was never presented for payment and became stale-dated? -
Question of the Week: Missing Payee
If a member deposits a check that does not include a payee, can we accept it? -
Did You Know? Marketing Series: Materials
Affiliated credit unions can access valuable compliance and policy management resources through InfoSight360, CU PolicyPro, and RecoveryPro. -
Question of the Week: Branch Hours
Is there a formal notice requirement or process for a branch to change its hours on a Saturday? -
A Fresh Look at Content Editing in InfoSight360
A quick outline of the latest updates you can expect when editing content within InfoSight360. -
Question of the Week: Required Branch Signage
We are opening a new branch. Is there a standard list of required signage for branches that we can reference? -
Question of the Week: Record Retention
NCUA does not set a specific retention period for signature cards on closed accounts, and while they are generally recommended to be kept permanently under current guidance, proposed deregulation changes could give credit unions more flexibility in determining their own records retention practices.
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