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: Deceased Joint Account Owner
Is a credit union required to give account statements to a probate administrator if the account includes a surviving joint owner? -
Question of the Week: On-Us Check
We have a former member who caused a loss to the credit union. They came in with an on-us check, over the counter, drawn on the account of a member in good standing. Can we refuse to honor the check? -
Vought’s Plan to Kill CFPB Becomes Clearer
In a recent court filing, the Consumer Financial Protection Bureau (CFPB) asserts that its current available funding will be exhausted by early 2026. -
FREE Year-End InfoSight360 Regulatory Update
Just in time for the holiday season, do we have a present for you! Join the InfoSight360 team on Wednesday, Dec. 10, at 1 pm EST for a FREE 60-minute overview of the current regulatory environment. -
Fraud Symposium – Back by Popular Demand
InfoSight360 is excited to announce the return of our Fraud Symposium, hosted in collaboration with our League and Association partners. The symposium is free for affiliated members. -
Personal Financial Data Rights Rule Delayed
In the closing days of the Biden Administration, the Consumer Financial Protection Bureau (CFPB) issued a final rule to implement the open-banking requirements of Section 1033 of the Dodd-Frank Act. -
Question of the Week: ITINs
For what purposes are individuals who complete a W-8BEN required to get an ITIN, as well? How often are these individuals supposed to recertify their W-8BEN? -
InfoSight360, CU PolicyPro, and RecoveryPro FAQs
Explore common InfoSight360, CU PolicyPro, and RecoveryPro FAQs. -
NMLS Annual Renewal Period Now Open
This is a friendly reminder that the Nationwide Multistate Licensing System (NMLS) annual renewal period opened on Nov. 1 and will remain open until Dec. 31. -
Question of the Week: Power of Attorney
What is durability on a power of attorney document, and why is it important?
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