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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NCUA Releases Q2 2023 State-Level Credit Union Data Report
The median growth rate in loans outstanding and membership at federally insured credit unions was positive over the year ending in the second quarter of 2023, while the... -
Question of the Week: Credit Report Permissible Purposes
Can a credit union use a credit report for a purpose other than initially declared? -
Registration is Still Open
NCUA’s Consumer Compliance Webinar on Sept. 27, Webinar on Using Technology to Promote Financial Inclusion -
Registration is Open
NCUA’s Consumer Compliance Webinar on Sept. 27, Webinar on Using Technology to Promote Financial Inclusion -
FinCEN Issues Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering”
The Financial Crimes Enforcement Network (FinCEN) issued an alert to highlight a prominent virtual currency investment scam known as “pig butchering.” -
Credit Union Assets, Lending, and Delinquencies Rise in 2nd Quarter
According to the latest financial performance data released by the National Credit Union Administration, total assets in federally insured credit unions increased $82 billion, or 3.8%, over the year ending in the second quarter of 2023, to $2.22 trillion. -
NCUA to Distribute $76 Million Under Corporate System Resolution Program
The National Credit Union Administration, in its role as liquidating agent, announced a $76 million distribution to paid-in capital shareholders of the former U.S. Central Corporate Credit Union. -
League InfoSight Highlight: It's Survey Time
While technical evolution has always been a big part of our surveys in the past, this year we really want to focus more on identifying your pain points. -
CURI Corner
CU Risk Intelligence (CURI) is an alliance of credit union leagues, league service corporations, and CUSOs delivering scalable risk management and compliance solutions to suit credit unions of all sizes and levels of sophistication. -
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