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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Question of the Week: IRS Levies and Member Funds
Does an IRS levy apply to a member’s funds that are deposited after the levy is received? -
What’s in a Name? Dealing with Trademark Registration Services
While a trademark can be necessary in some instances, no credible company will use the threat of trademark infringement to sell registration services. Learn how to deal with Trademark Registration Services. -
League InfoSight Highlight: Think Big! Resources for Small Credit Unions!
Compliance is a part of every credit union, although it may look very different between organizations based on the credit union’s size, staffing levels and staffing experience, product and service offerings, and geographical location. -
Question of the Week: How the CAN-SPAM Act Applies to Credit Unions
What is the CAN-SPAM Act, and does it apply to credit unions? -
League InfoSight Highlight: Coming Soon to CU PolicyPro/RecoveryPro: Multifactor Authentication
Coming soon, credit unions will have the option of adding multifactor authentication (MFA) to their CU PolicyPro/RecoveryPro implementation. MFA is an extra layer of security that requires users to provide an access code in addition to their password to access the system. -
Question of the Week: Section 314(b) and Information Sharing
What is 314(b) voluntary information sharing under the USA Patriot Act/Bank Secrecy Act? -
League InfoSight Highlight: Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
The Federal Financial Examination Council (FFIEC) issued a statement to communicate principles for examination of residential property appraisal and evaluation (valuation) practices to mitigate risks. -
Question of the Week: NCUA 2024 Supervisory Focus on Overdraft Programs
Will the National Credit Union Administration (NCUA) 2024 supervisory focus on overdraft programs be limited to large credit unions? -
Question of the Week: Cornerstone Councils
I am looking for a way to network with my credit union peers. -
League InfoSight Highlight: Top FCRA, ECOA Violations; Reg E and Escrow Requirements
Top violations in 2022 for Regulation E Error Resolution Requirements, Regulation X Escrow Account Requirements, FCRA, and ECOA.
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