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News (CompliancePro Blog)

E-Filing Comment Deadline Approaches

ALEXANDRIA, Va. (8/28/13)--Credit unions have until Sept. 3 to comment on a National Credit Union Administration proposal to require all federally insured credit unions (FICUs) to file financial, statistical, and other reports and credit union profiles with the agency only electronically.

The current... More

League Issues Four Operations Releases

The League released four new operations releases in June 2013. Those releases have already been sent to our member credit unions via direct mail, and those of you who attended the League’s quarterly compliance webinar (on June 11, 2013) have already received electronic versions of them. 

For those... More

NCUA's New Guidance on MFOEL Lending

By Nathan Bowden, CUCE, BSACS 
Director of Compliance and Regulatory Affairs

Any credit unions doing open-end lending will almost certainly know that underwriting is allowed only at the time of account opening and that the only credit-related scrutiny that can occur thereafter is occasional ... More