With a new year comes a lot of new changes, so be sure you check the 2021 Compliance Calendar to ensure you’re in compliance when the dates arrive. Here’s a quick look at the first six months of 2021 (subject to change):
Jan. 1: Annual Updates
Jan. 1: Annual Reg Z Inflation Adjustments – Effective Date
Jan. 1: NACHA – Enforcement
Jan. 1: New Year’s Day – Federal Holiday
Jan. 18: Birthday Martin Luther King, Jr. – Federal Holiday
Jan. 31: 5300 Call Report Due to NCUA
Feb. 15: President’s Day – Federal Holiday
March 1: Mandatory Use of Updated Uniform Residential Loan Application (URLA)
March 1: HMDA Submission Deadline
March 19: Expanding Same-Day ACH Effective Date (date extended)
May 31: Memorial Day – Federal Holiday
June 30: NACHA – Limitation on Warranty Claims
June 30: NACHA – Reversals
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