InfoSight eNewsletter
Featured Post
Beware of scammers pretending to be from the CFPB
This week we confirmed that scammers are using CFPB employee’s names and imagery to try and steal your money. We’ve heard from people, specifically older adults, who were defrauded thousands of dollars from scammers pretending to be with the CFPB. If someone contacts you and says you’ve won a class-action lawsuit in a foreign country or can receive other large, unexpected amounts of money but must use the CFPB’s assistance to claim the funds, they are lying.
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Question of the Week
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. -
What if Your Employees All Win the Lottery at the Same Time?
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). -
FinCEN Issues Alert on Potential Russian Sanctions Evasion Efforts
This week the Financial Crimes Enforcement Network issued a FinCEN Alert to financial institutions, highlighting the potential for attempts to evade expansive sanctions and other measures implemented in connection with the Russian Federation’s ongoing, unprovoked invasion of Ukraine. -
NMLS Password Rules Changing This Month
Beginning Saturday, March 19, the rules for NMLS passwords will be changed to provide more security. -
CFPB Issues Report on Medical Debt
The CFPB released a new report on medical debt burden in the United States that found medical debt is having a significant impact on consumer credit. -
NCUA Issues Letter Regarding CAMELS
The NCUA Board approved a final rule that added the Sensitivity to Market Risk, or “S,” component to the existing CAMEL rating system and redefined the Liquidity Risk, or “L,” component. -
Registration Open for March 23 NCUA Overdraft Protection Programs Webinar
Overdraft protection programs are important to credit unions and their members, and the market landscape is changing. -
Question of the Week
Question: Is a P2P provider a financial institution under Reg E? Answer: Yes. -
Hone your political engagement skills with expert Nate Webb
There’s never been a better opportunity to learn first-hand about political engagement and advocacy than the 4-5 hours you’ll spend in the Oklahoma Credit Union Association’s new Ambassador Program. -
InfoSight’s two new EXCLUSIVE products are now available!
Check out InfoSight's two new products - Check Deposit Notice Generator (CDNG) and Account Insurance Estimator (AIE).
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