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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A Day in the Life of a Compliance Officer
Regardless of a credit union’s size or complexity, the compliance officer’s responsibilities span every department and all the products and services offered. -
CFPB Making Changes to Credit Card Data Submission Process
The Consumer Financial Protection Bureau issued new technical specifications for the credit card agreement submission process. -
Register Now for Webinar on Bias in Home Appraisals and the Racial Homeownership Gap on Oct. 27
The NCUA is hosting a webinar on homeownership, the wealth gap, and bias in home appraisals beginning at 2 p.m. Eastern on Wednesday, Oct. 27. -
FCC Sets Interim Fees for Reassigned Numbers Database
On Dec. 13, 2018, the Federal Communications Commission released the Reassigned Numbers Order, establishing a single, comprehensive Reassigned Numbers Database to address the problem of unwanted calls to consumers with numbers reassigned from a previous consumer. -
NCUA’s 2021 DEI Summit
The NCUA’s Diversity, Equity, and Inclusion Summit is a three-day event Nov. 2–4, 2021, where credit union and industry professionals who are committed to advancing diversity, equity, and inclusion within the credit union system will gather to share best practices, address challenges to advancing diversity, and learn how the NCUA can support the industry in its efforts. -
Question of the Week
Question: If we request that a member submit a written follow-up to an oral notice of dispute under Reg E, and the member never returns that written response, are we required to provide provisional credit? Answer: No. Reg E states that... -
Registration Open for Cornerstone’s Hike at Home, Oct. 18–22
We hope you’re planning on joining us for this year’s virtual Hike at Home on Oct. 18–22, and we’re pleased to announce that registration is now open. -
Indigenous People's Day
Monday, Oct. 11, 2021 is Indigenous Peoples’ Day, a holiday celebrated by several states and over 100 cities in the U.S. (data as of 2020). -
Task Force Issues Guidance for Federal Contractors Vaccine Mandate
On Sept. 24, the Safer Federal Workforce Task Force issued its expected “COVID-19 Workplace Safety: Guidance for Federal Contractors and Subcontractors.” -
CFPB Responds to Residents’ Rights Month
October is Residents’ Rights Month, and the CFPB released an updated version of Preventing elder financial abuse: A guide for nursing homes and assisted living communities to help long-term care staff prevent and respond to financial exploitation of the people in their care.
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