Compliance Watch

Financial readiness is critical to military readiness. That is why the CFPB is working hard to ensure that servicemembers get the protections they are entitled to under the law.

NCUA and CDFI Hosting Nov. 8 Webinar on Small Dollar Lending Program...

Keeping up with regulatory changes and ensuring compliance is challenging. Here are some of the top compliance tips and tools you can use to proactively navigate the ever-changing compliance landscape.

How can I find out more about what changed during the last legislative session and how the changes affect our credit union?

How often can our members request a free credit report?

The National Credit Union Administration Board held its ninth open meeting of 2023, where it unanimously approved a proposed rule incorporating its Second Chance Interpretive Ruling and Policy Statement and the Fair Hiring in Banking Act into its regulations.

The CFPB proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and gain new protections against companies misusing their data.

The Federal Financial Institutions Examination Council’s Appraisal Subcommittee held a hearing about appraisal bias.

This report analyzes the 9,284 student loan complaints submitted by consumers from Sept. 1, 2022, through Aug. 31, 2023.

A big thank you to everyone that took the time to respond to our annual survey. Credit unions specifically indicated they would like short videos and training that can help them stay on top of regulatory changes and learn in their own time.