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: 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? -
League InfoSight Highlight: Annual Threshold Changes and MORE
HAPPY NEW YEAR! We are so very excited for 2024 and all the changes we plan to bring to our credit unions. Be on the lookout for more information on our plans and innovations for the year. -
Question of the Week: ERC Tax Credit Resources
Our credit union continues to receive solicitations regarding the Employee Retention Credit (ERC). Are credit unions eligible for the ERC? What are some resources available regarding this topic? -
Risk alert from Go West: Credit unions should be aware of a recent social media trend called ‘audit the audits’ – First Amendment audits
A recent trend referred to as Audit the Audits of First Amendment Audits has become “the thing” on social media. -
League InfoSight Highlight: Happy Holidays from League InfoSight
By now, we hope you have seen the exciting news that we have launched the combination of CU PolicyPro and RecoveryPro onto a single site. -
Question of the Week: Notifying Business Account Members of BOI Reporting Requirements
Is our credit union required to notify our business account members of the new Beneficial Ownership Information (BOI) reporting requirements?
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