InfoSight360 Newsletter
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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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League InfoSight Highlight: Consumer Financial Protection Bureau (CFPB) Update
In the past, we have provided links to top news articles from the week, linking those stories directly from regulatory agencies. Although a ton is happening in the industry... -
Question of the Week: ACH - Relying on Account Number
When a Receiving Depository Financial Institution (RDFI) receives an ACH entry, can they rely solely on the account number? -
Get Ready for IMPACT 2025: Cornerstone Annual Meeting
This year’s IMPACT 2025 takes place in Round Rock, Texas, at the Kalahari Resorts and Conventions center. -
League InfoSight Highlight: What will happen with the CFPB and Proposed Regulations?
This past weekend, Rohit Chopra was let go as the director of the Consumer Financial Protection Bureau. While his position had a five-year term, the Supreme Court ruled that the president could fire the director at will... -
Question of the Week: IRS Levy of Term Certificates
If the member has a term share certificate subject to the IRS levy, is the credit union required to redeem the account? If redeemed, is the credit union allowed to charge an early redemption penalty? -
League InfoSight Highlight: End of Support for Windows 10: What Credit Unions Need to Know
Microsoft will officially end support for Windows 10 on Oct. 14, 2025. After this date, there will be no more security updates, patches, or technical assistance for the operating system... -
Question of the Week: Financial Literacy Resources
Can you direct us to a good source for financial literacy resources? -
League InfoSight Highlight: InfoSight360 FAQs
InfoSight360 integrates our flagship products and combines the best elements of these industry-leading tools into one seamless solution. Credit unions subscribed to any of our three products will be automatically upgraded to the new platform. -
Question of the Week: Member Statements & NCUA Official Ad Statement
Does our credit union need to include the NCUA official advertising statement on member statements? -
Significant Revisions to the Kansas Consumer Credit Code
Kansas enacted substantive revisions to its Consumer Credit Code, including raising the threshold amount of consumer credit transactions that are subject to the Code from $25,000 to $69,500 (similar to Regulation Z’s 2024 threshold amount).
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