Compliance Watch
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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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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? -
InfoSight360 Learning Academy Launches New Course on Supervisory Committees
InfoSight360 is pleased to announce the addition of a course to its learning management system, Supervisory Committee Foundations. -
Question of the Week: Record Retention Schedules
Where can I find a set of Record Retention tables? -
NCUA Proposes to Codify Elimination of Reputation Risk
On Aug. 7, 2025, President Trump issued Executive Order #14331 requiring all federal banking regulators to stop using reputation risk or equivalent concepts that could result in politicized or unlawful debanking. -
Navigate the Haunted Halls of Compliance with InfoSight360
Do you shiver at the thought of lurking regulatory risks? Don’t be afraid—InfoSight360 is here with tools that turn compliance nightmares into sweet dreams. -
Question of the Week: Successor Trustees and Account Transfers
We have the successor trustee of a deceased member’s trust who claims the member’s share account was intended to be trust property. The trustee presents a trust document stating that the account was to be transferred to the trust, but the member never actually transferred or retitled the account. Is that account a trust property? -
HB 4238: Stopping Collections on Victims of Identity Theft (Texas)
Effective Sept. 1, creditors, debt collectors, and third-party debt collectors in Texas are prohibited from collecting on consumer debts that are the result of identity theft (excluding home loans). -
New FAQs Related to Suspicious Activity Reporting
On Oct. 9, the Financial Crimes Enforcement Network (FinCEN) along with the joint agencies, including the National Credit Union Administration (NCUA), issued four frequently asked questions (FAQs) related to SAR filing.
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