Compliance
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ARLINGTON, Va. – NAFCU is pressing NCUA to make some changes in a proposed set of rules on federal credit union ownership of fixed assets. more »
ARLINGTON, Va. – As a result of the new Qualified Mortgage (QM) rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey conducted by NAFCU indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations. more »
It is not your imagination; credit unions ARE spending more and more time dealing with new regulations. more »
CHEYENNE, Wyo. – WyHy Federal Credit Union has signed with NeighborBench for cloud-based compliance services. more »
BAY CITY, Mich. – A new round of lawsuits challenging readiness for the sight-impaired ATM provisions of the Americans With Disabilities Act is targeting credit unions, with as many as half-dozen ADA suits filed in the past few weeks. more »
DENVER – Denver Community CU said it has chosen NeighborBench’s cloud-based compliance solution to help simplify compliance. more »
ALEXANDRIA, Va. – The NCUA Board is expected next week to propose a rule allowing broader use of financial derivatives, mainly interest rate swaps, options and collars. more »
CHICAGO – Alliant CU has signed with PolicyWorks for regulatory compliance help. more »
The soon-to-be implemented Affordable Care Act, better known as ObamaCare, has credit unions scrambling to deal with its blizzard of requirements. more »
Health insurance has been regarded by most American companies as a standard employee benefit since World War II, but that is changing. more »
WASHINGTON – NCUA Chairman Debbie Matz issued her support this morning for a bill that would allow credit unions to raise secondary capital. more »
OLYMPIA, Wash. – The state Division of CUs has approved requests from state chartered credit unions to buy key-person insurance, also known as bank-owned life insurance, a popular retirement benefit held by banks known as BOLI, absent specific regulatory approval. more »
FREDERICK, Md. – Nymeo FCU, known as Comstar FCU until two weeks ago, has signed with NeighborBench to provide it with comprehensive compliance services. more »
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