Compliance

CU Compliance Connection: Q4 2015 and Q1 2016 Compliance Outlook

Compliance Connection - Youth Savings Accounts

In this Compliance Connection, Shawn Wolbert details the legal issues surrounding youth savings accounts. To review the slides for this presentation, click here.

Promoting a Culture of Compliance

In this video for Compliance Connection, Compliance Consultant Amy Wargo details how to set up a culture of compliance at your credit union.  To review the slides in this presentation, click here!

Mortgage Amendments

This presentation will provide credit unions with an overview of the compliance changes in mortgage lending.  Download the slides for this presentation by clicking here, and don't forget to follow us on Twitter!

Compliance Outlook for Q4 2014 and Q1 2015

This presentation reviews the compliance issues that your credit union has worked on in the fourth quarter of 2014, and the upcoming issues that we'll face in the first quarter of 2015.  Click here to download the slides associated with this video,...

CU Compliance Connection - 2014 Year End Review

This presentation is a 2014 year-in-review and will provide credit unions with a summary of the compliance items that became effective in 2014.  Click here for the presentation handouts, and don't forget to follow us on Twitter!

Surviving Compliance: The Jungle

Have you been looking for a fun way to review specific compliance questions that your credit union may have? THIS IS IT! Join Shawn and Glory on a perilous trip through the compliance jungle while they tackle credit unions’ toughest compliance problems....

Cloud Computing

As the need to address record and information storage demands increases credit unions continually look for new cost effective methods of processing and storing information. Cloud computing is a technological advancement that can be advantageous to credit...

Derivatives Authority

The National Credit Union Administration passed a final rule that permits Federal credit unions to engage in limited derivatives activities for the purpose of mitigating interest rate risk. This presentation reviews permissible derivatives and characteristics,...

NCUA Capital Planning and Stress Testing Requirements

This presentation will review new NCUA requirements for federally insured credit unions over $10 Billion in assets to develop and maintain capital plans and conduct annual stress tests.  CLICK HERE for a complete handout of this presentation and...

CFPB Integrated Mortgage Disclosure

The CFPB has finally released the Integrated Mortgage Disclosure requirements that has been in the works for over two years. For a review of the disclosures requirements please attend this CU Compliance Connection presentation. CLICK HERE for a complete...

Escrow Disclosures

As a part of the integrated mortgage requirements form the CFPB an Escrow Closing Disclosure must also be provided to members prior to their escrow account being closed. For a review of the disclosures and provision requirements please attend this CU...

CUSO Rule

The long awaited CUSO Rule has been released by the NCUA. The rule provides new requirements for CUSOs and credit unions and is being implemented to increase transparency and address safety and soundness concerns for the credit union industry. This...

One Per Year IRA Rollover

Recent court action has changed how members will have to manage their individual retirement accounts and limits rollovers to one per year. For information on how this will impact your members and credit union join this presentation. CLICK HERE for a...

2014 First Quarter Compliance Outlook

This presentation reviews the compliance issues that your credit union has worked on in the first quarter of 2014, and the upcoming issues that we'll face in the second quarter of 2014. CLICK HERE for a complete handout of this presentation and be sure...

BSA Marijuana Related Business

FinCEN has issued guidance for credit union providing service to marijuana related businesses. The requirements should be carefully reviewed to ensure credit unions are not violating the Bank Secrecy Act. CLICK HERE for a complete handout of this presentation...

Disaster Preparedness

The National Credit Union Administration (NCUA) expects all federally insured credit unions to have a comprehensive contingency plan that is regularly tested. This presentation provides the information your credit union’s needs for a Disaster Preparedness...

2013 Fourth Quarter & 2014 First Quarter Outlook

This presentation reviews the compliance issues that your credit union has worked on in the fourth quarter of 2013, and the upcoming issues that we'll face in the first quarter of 2014. CLICK HERE for a complete handout of this presentation...

HOEPA Counseling Requirements

This presentation reviews the new CFPB HOEPA requirements for mortgage counseling.  The rule went into effect on January 10, 2014 and apply to more than just high-cost mortgage loans.  CLICK HERE for a complete handout of this presentation...

2014 NCUA Exam Focus

 Each year the National Credit Union Administration provides guidance on their examination focus for the year.  In 2014 credit unions should prepare for increased scrutiny on interest rate risk, cyber security, and money service businesses.  CLICK...

FFIEC - Social Media

The long awaited FFIEC Social Media Guidance has been issued. The guidance does not implement additional requirements, but it does require that credit unions review their processes and procedures in relation to social media services and interactions...

NCUA Private Student Lending

In December the NCUA issued  Letter 13-CU-15 providing guidance on Private Student Lending to  Federally insured credit unions.  The new guidance provides an in-depth look at new examination processes that will be undertaken by the...

Ownership of Fixed Assets

The NCUA has amended the Ownership of Fixed Asset requirements for Federally chartered credit unions. Many of the changes were introduced to make the rule easier to follow and this presentation will review the changes. If you'd like a handout on this...

Liquidity & Contingency Funding

The NCUA has instituted requirements for Federally insured credit unions to have liquidity and contingency funding plans. This CU Compliance Connection will provide you with the information you will need to understand the new requirements. If you'd...

NCUA Filing Requirements

The NCUA has changed reporting requirements for Federally insured credit unions and as of January 1, 2014 electronic reporting for CALL and other reporting will be required to be submitted electronically. If you'd like a handout on this presentation,...

Credit Union Questions Edition

This new InfoSight CU Compliance Connection features credit union questions from across the country. If you have a nagging compliance question send it to Shawn.Wolbert@MCUL.org with the Subject CU Compliance Connection and we will try to answer it for...

2013 Third and Fourth Quarter Outlook

This presentation will provide information on the compliance issues that your credit union has worked on in the third quarter of 2013, and the upcoming issues that we'll face in the fourth quarter. CLICK HERE for a complete handout of this presentation...

International Remittance Transfers

The International Remittance Transfer rules take effect on October 28, 2013. This segment of the CU Compliance Connection reviews recent amendments to the rule and disclosure requirements. In addition to the Handout on this presentation you may want...

NCUA Loan Participations

On June 20, 2013 the NCUA Board approved amendments to the Loan Participation requirements because the NCUA believes that loan participations pose an inherent risk to the National Credit Union Share Insurance Fund (NCUSIF) due to the interconnectedness...