Credit union loans outstanding increased 0.3% in December, according to America’s Credit Unions’ latest Monthly Credit Union Estimates, compared to a 0.4% increase in November 2023 and a 1% increase in December 2022. The estimates are based on information from a monthly sample of credit unions and are revised whenever more complete data is available. …
The Financial Crimes Enforcement Network (FinCEN) issued a small entity compliance guide Tuesday to provide information on the requirements for accessing beneficial ownership information (BOI). FinCEN’s final rule regarding BOI access went into effect Tuesday and requires reported BOI to be confidential, protected, and disclosed only to certain authorized parties. The guide provides an overview …
