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: 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. -
Question of the Week: Fraudulent Treasury Checks
With fraudulent Treasury checks circulating, what are some resources I can use to verify the Treasury checks we are being presented with are valid? -
League InfoSight Highlight: The Writing Has Been on the Wall
When the CFPB recently issued two proposed rulemakings directly related to overdraft programs and non-sufficient funds fees, it shouldn’t have caught us by surprise. The writing has been on the wall. -
League InfoSight Highlight: NCUA Supervisory Priorities Are Here
The NCUA just issued their 2024 Supervisory Priorities through a Letter to Credit Unions - 24-CU-01. -
League InfoSight Highlight: Compliance Q4 Video and LIS Product Updates
Stay on top of federal regulatory changes with InfoSight’s compliance videos, highlighting developments related to deposit accounts, lending, and credit union operations. -
Question of the Week: Educate Members on Romance Scams
Valentine’s Day is approaching. Are you aware of any materials we can share with our members to educate them so they don’t fall for romance scams?
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