InfoSight eNewsletter
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NCUA releases 2021 Credit Union Diversity Self-Assessment results
The National Credit Union Administration released the results of the 2021 Credit Union Diversity Self-Assessment (CUDSA). The NCUA administers the voluntary CUDSA as a tool to help federally insured credit unions assess, guide, and monitor their diversity, equity, and inclusion efforts and compare their progress with peer organizations.
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TCUD: 2022 Hurricane Season Reminder to Keep BCM and EM Systems Updated (Texas State Charters)
As we prepare for the June 1 start of the hurricane season, credit unions are reminded to review, test and, if necessary, update their emergency management response and contingency planning policies and procedures. -
Question of the Week
Question: Is there a list of specific reasons that we are required to use when disclosing those reasons on an adverse action notice under Regulation B? Answer: No, not a specific list. -
Make Sure Your Voice Is Heard.
Our annual survey takes just a few minutes and gives YOU the chance to voice your opinion. -
Fifth Circuit Holds Oral Argument in Challenge to CFPB's Payday Lending Rule Payment Provisions
Recently, the U.S. Court of Appeals for the Fifth Circuit held oral argument in the appeal filed by industry trade groups challenging the payment provisions of the CFPB’s 2017 Payday Lending Rule. -
NCUA sends letter to FCUs on use of distributed ledger technologies
On Wednesday, the National Credit Union Administration disseminated a letter clarifying certain expectations for credit unions contemplating the use of new or emerging distributed ledger technologies (DLT). -
NCUA Statement on Committee Passage of Vendor Authority and Underserved Areas Bills
National Credit Union Administration Chairman Todd M. Harper issued the following statement after the approval of H.R. 7022, the Strengthening Cybersecurity for the Financial Sector Act of 2022, and H.R. 7003, the Expanding Financial Access for Underserved Communities Act, by the U.S. House Committee on Financial Services recently. -
Did the DOJ Issue ADA Website Accessibility Regulations?
Question: Did the Department of Justice ever issue ADA website accessibility regulations? Answer: In a word, no. -
CFPB: States Can Enforce Federal Consumer Protection Laws
The Consumer Financial Protection Bureau announced it has issued an interpretive rule that describes states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal consumer financial protection law. -
Question of the Week
Question: What is the maximum term for a mortgage for a federal credit union? Answer: 40 years, per 12 CFR 701.21... -
The 2022 League InfoSight User Survey is Still Open!!
The majority of our product enhancements are based on client feedback, and there is still time to give us your opinion.
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