Compliance Watch

If you’re all about attending this year’s Oklahoma Governmental Affairs Conference, April 12–13, this is your gentle reminder to reserve your hotel room in our block at the Renaissance Waterford Oklahoma City.

On March 11, the Texas Credit Union Commission met at the Texas Credit Union Department (TCUD) building in Austin. The following is a summary of the meeting.

Eat, dance, and be in compliance!

The existing CAMEL rating system is changing to CAMELS (Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk).

The Consumer Financial Protection Bureau has launched a new initiative to focus on financial issues facing rural America.

Last week, President Biden issued an Executive Order on "Ensuring Responsible Development of Digital Assets." The key objectives established in the EO are...

CISA and the Federal Bureau of Investigation have released a joint Cybersecurity Advisory that details how Russian state-sponsored cyber actors accessed a network with misconfigured default multifactor authentication (MFA) protocols.

The CFPB has posted a blog article on how the Homeowner Assistance Fund (HAF) helps borrowers prevent foreclosure.

Question: If a payable-on-death beneficiary on a member's account dies before the member does, who does the money go to? Answer: That's a matter of state law.

Business Continuity Planning is the practice of asking “What if...?” questions, then creating plans and preparing to address them. RecoveryPro guides credit unions through the creation, maintenance, and testing of robust business continuity plans (BCPs).