CUs TO BENEFIT FROM 'COMPLYSIGHT'
updated 06/09/14 04:37 PM
Also, Webinar on Integrated Disclosures
The California and Nevada Credit Union Leagues have launched ComplySight, an exceptional new software solution that tracks, measures, and reports compliance activities from a single web application—providing credit unions valuable assistance to streamline compliance efforts.
In partnership with League InfoSight, ComplySight will help credit unions with:
The Federal Reserve Board of Governors has invited interested credit unions to attend a Consumer Financial Protection Bureau-hosted webinar on integrated disclosure rules from the Truth in Lending Act and Real Estate Settlement Procedures Act (TILA-RESPA).
This session will be the first of a recurring series of webinars to address the new rule as creditors, mortgage brokers, settlement agents, software developers, and other stakeholders work to implement it over the next year.
The first session will provide an overview of the final rule and new disclosures, and address a few basic compliance questions, while subsequent webinars will address specific implementation and interpretive questions about the rule provided to the CFPB.
NV LOAN GROWTH: PRE-RECESSION LEVELS updated
08/19/14 12:28 PM
California Lending Almost Doubles
Industry-wide loan growth at Nevada credit unions in the second quarter nearly hit levels unseen since the same period in 2005—a phenomenon mirroring a positive trend in California and across the nation.
REMOTE DEPOSIT CAPTURE FUNDAMENTALS updated
08/19/14 10:54 AM
Timing, Regs, and Risk Management
Remote deposit capture in home banking and mobile banking is quickly becoming a must-have feature. Although credit unions have many options for how to provide this service, questions abound regarding availability of funds and risk management.
CATALYST LOAN PROGRAM NEARS 50M updated
08/18/14 04:19 PM
California Credit Union Participation
Since its launch a few months ago, Catalyst Corporate FCU’s loan participation program has helped nearly two dozen credit unions—including California credit unions—sell and buy more than $46 million in loans.
CFPB LEADER HEARS OVERDRAFT CONCERNS updated
08/15/14 02:38 PM
Regulatory Issues Discussed
Minimizing the impact of current rules, pending proposals, and contemplated requirements were key themes of a meeting Wednesday between the Credit Union National Association (CUNA) and Consumer Financial Protection Bureau (CFPB).