InfoSight360 Newsletter
Featured Post
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: 2025 NCUA Supervisory Priorities
The NCUA has set its supervisory priorities for 2025. NCUA’s priorities are set each year based on the highest risk to credit union members, the industry, and the Share Insurance Fund. -
Question of the Week: Cyber Incident Reporting Webform
Is there a certain channel that must be used to report a cyber incident to the National Credit Union Administration (NCUA)? -
Cornerstone League Challenges CFPB Rule on Medical Debt
Cornerstone League and the Consumer Data Industry Association have filed a lawsuit against the Consumer Federal Protection Bureau’s final medical debt rule. -
League InfoSight Highlight: Succession Planning
The NCUA recently finalized its rule on succession planning, which will take effect for federally insured credit unions on Jan. 1, 2026. -
Question of the Week: Auto Finance Violations
Our lending department is in the process of reviewing our auto financing practices. Have you heard of any recent violations so we can check to ensure we are handling everything correctly? -
League InfoSight Highlight: Remembering 2024 and Looking Ahead to 2025
As 2024 draws to a close, our team is reflecting on this year's journey and setting our sights on 2025. Take a look at what we've accomplished and what lies ahead. -
Question of the Week: NEW Treasury Check Verification Tool
We have been experiencing a lot of Treasury check fraud involving altered payees. How can we verify that the payee on these checks is legitimate? -
NCUA Board Approves 2025–2026 Budget and Succession Planning Final Rule
The National Credit Union Administration announced via a Dec. 17, 2024, Board Action Bulletin that the board approved the agency’s 2025–2026 operating budgets and a final rule on succession planning. -
ITM and ATM Fraud Surge
Credit unions in our region are reporting an increase in Interactive Teller Machine (ITM) and Automated Teller Machine (ATM) fraud. -
Corporate Transparency Act Injunction
On Dec. 3, the U.S. District Court for the Eastern District of Texas issued a nationwide injunction that prohibits enforcement of the Corporate Transparency Act (31 U.S.C. §5336) and the Reporting Rule (31 C.F.R. 1010.380).
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