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5 compliance issues of December: Overdraft, mobile payments, HMDA
NAFCU's
award-winning compliance team works daily to offer compliance assistance and services
to keep credit unions informed of the ever-changing regulatory environment. This
year, the team answered numerous member questions, while authoring blog posts,
articles, charts, guides and tools to ensure that NAFCU member credit unions stayed up to date with changing regulations.
New,
digital Vendor Directory connects CUs to premier service providers
Credit unions looking to partner with the best service providers in the industry
– for card processing, compliance assistance, lending, risk management, technology,
and more – can now access NAFCU's 2020 Vendor Directory in its all-new digital format.
NCUA
bans 2 from future work in FIs
The NCUA in December issued one prohibition
notice and one prohibition order, which prohibit individuals previously associated
with credit unions from any future participation in the affairs of a federally insured financial institution.
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