Links in “Credit Unions”

When all references in an item are to a person, here's guidance on what selection should you make when filing on an entity. [5/30]

Training front-line personnel about the authorization revocation rules can save customer irritation and frustration. [5/30]

Tech tools may lead the way to better integration between the finance and risk teams seeking to understand portfolio's performance under stress and under ever-increasing regulatory changes. [5/30]

FinCEN has published two sets of FAQs that provide guidance and information about completing and submitting the new online CTR and SAR forms, including how to aggregate multiple transactions when they occur at different locations. [5/29]

Two key takeaways from FinCEN's latest FAQs on Suspicious Activity Reports and Currency Transaction Reports. [5/29]

The four key takeaways from the 86-page final rule. [5/29]

Forum participants have varying takes on the matter, with the bottom line gravitating toward "consult bank counsel." [5/29]

When determining whether to issue an applicant a credit card, CUs may consider whether consumers 21+ have a "reasonable expectation of access" to income and assets, but are they required to? [5/28]

Industry representatives express concern that the long term experience for most credit unions may differ from the survey results. [5/24]

Technical amendments clarify that NCUA's regulations will include cross references to CFPB's regulation. [5/24]