Compliance Watch

Sometimes it seems that policies have a life of their own... and, actually, they do. A policy life cycle starts at the point the policy is created and ends when the policy is retired.

We are trying to determine if our credit union is subject to Home Mortgage Disclosure Act (HMDA) reporting for calendar year 2023. Must we meet all the criteria or just one?

The National Credit Union Administration released its Office of Minority and Women Inclusion (OMWI) Annual Report to Congress on the agency’s diversity, equity, and inclusion programs and initiatives in 2022.

The National Credit Union Administration’s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards.

The Consumer Financial Protection Bureau announced a revised version of its “Methodology for Determining Average Prime Offer Rates.”

CU PolicyPro has released its second update of 2023.

One of the tools in CU PolicyPro that is often overlooked is the Associated Model Content feature.

Is it required under HMDA that we collect a 9-digit zip code or is a 5-digit zip code acceptable for a property address?

The NCUA issued a regulatory alert on Home Mortgage Disclosure Act data collection requirements for the 2023 calendar year.

The National Credit Union Administration will host an April 26 webinar to discuss the upcoming 2023 Community Development Revolving Loan Fund grant round and other topics of interest to small and MDI credit unions.