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Research & Compliance     

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The Leagues

California & Nevada

Research & Compliance

The answers you need—when you need them!
When technical challenges or complex situations arise at your credit union, turn to the Leagues’ Research & Information (R&I) Department. Our mission is to provide technical, compliance, operational, economic, and regulatory information in an understandable and easily accessible way.
     
InfoSight CU PolicyPro Rate Map
 
Credit Union Quarterly Performance Report

A resource for credit unions in CA & NV, providing credit union financial and economic trend analysis, brought to you by your Leagues in partnership with CUNA & Affiliates.

Ask R&I

Answers to your crucial questions can be less than one business day away. Post your question here, and a talented R&I professional will get back to you quickly! Or if you prefer, call the R&I Hotline to speak directly with our knowledgeable consultants. R&I Hotline: 877-243-5728
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TIPs Bulletins
The Technical Information Procedure (TIPs) bulletins are great tools to help credit union staff understand recent changes in laws and regulations and how they may affect the credit union. TIPs bulletins address current mandatory compliance issues and changes to federal and state regulations. Continue for complete list of current TIPs Bulletins
January 16, 2015
TIPs Bulletin #15-02 2015 Information Returns and Disclosures
   
January 15, 2015
TIPs Bulletin #15-01 Important Reminder: Limitation on Credit Card / Unsecured Open-end Credit Late Fees (CA Financial Code 4001)
   
December 31, 2014
TIPs Bulletin #14-35 Truth in Lending (Regulation Z) Adjustment to Asset-Size Exemption Threshold for Escrow Accounts for Higher-priced Mortgages
TIPs Bulletin #14-34 Home Mortgage Disclosure (Regularion C) Adjustment to Asset-Size Exemption Threshold
   
 
CURoots Services

Shared Compliance Services
CURoots offers a variety of services to help you keep pace with ever-changing regulatory compliance while you focus on day-to-day credit union business.

Internal Audit Services
CURoots can help your credit union identify potential issues, assess risk, and save valuable time and resources by providing expert assistance for your auditing needs.


From the Editors of CU Weekly

CU ROOTS TO TRANSFER OWNERSHIP
updated 02/15/13 02:10 PM
Access to CURoots Services Increased
At a special meeting on Feb. 15, the membership of CURoots Cooperative approved the transfer of CURoots ownership to the California League Services Corp.

The sale and transfer of assets will be finalized on Feb. 28. The date is also when the California and Nevada Credit Union Leagues will assume operation of CURoots, whose services include shared compliance and specialty internal audit services. All current compliance and audit services/contracts will continue uninterrupted.

All member credit unions of the Leagues will be eligible for CURoots’ preferred member pricing as of March 1, and the $20,000 membership purchase will no longer be required.

“This will minimize the duplication of efforts within the credit union system and furthers the objectives of credit union collaboration,” said Gary Perez, CURoots board chairman and president and CEO of USC Credit Union in Los Angeles, CA.

“We are pleased we can provide our member credit unions in California and Nevada with additional compliance and internal audit solutions, which will complement current League compliance services such as InfoSight, CU PolicyPro, and the Research and Information hotline. Bringing CURoots services under the Leagues will leverage our larger scale and help reduce costs and increase efficiencies,” added Diana Dykstra, Leagues president and CEO.

 
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TILA-RESPA RULE FINALIZED
updated 01/26/15 04:27 PM
Plus, FinCEN Issues New SAR Stats
Proposed amendments by the Consumer Financial Protection Bureau (CFPB) to the TILA-RESPA Integrated Disclosure rule were finalized in late January. These changes are effective on Aug. 1, 2015.

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ELECTRONIC DBO FILING
updated 01/16/15 04:35 PM
TIPs Bulletins; Cuban Asset Reg.
The Department of Business Oversight (DBO) has standardized electronic forms for weekly and quarterly reporting of local agency deposits and securities, allowing financial institutions to submit their weekly reports to the DBO electronically rather than through the U.S. mail. This change was made possible by Assembly Bill 2298, which took effect Jan. 1.

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D.J.'s Economix
Leagues Chief Economist Dwight Johnston continually provides economic and market analysis that is both informative and entertaining. Continue for daily and monthly commentary, rate forecasts, and economic updates.
Resources
Scroll through a variety of practical resources to help with BSA, compensation, compliance, disaster preparedness, regulatory exams, and more.
Comment Letters
The Leagues write letters in response to proposed legislation and regulations that affect your credit union’s ability to serve members.