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.
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|December 17, 2014|
|TIPs Bulletin #14-30||FRB Issues Two Final Rules: Payment System Risk for Measuring Daylight Overdrafts and Time of Settlement|
|December 15, 2014|
|TIPs Bulletin #14-29||2015 Standard Mileage Rates|
|December 5, 2014|
|TIPs Bulletin #14-28||AB 60 and AB 1660 - New California AB 60 Driver License|
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.
Click here to view the 2013 HOEPA Rule guide.
Click here to view the ECOA Valuations Rule guide.
Click here to view the TILA HPML Appraisal Rule guide.
Updated FAQs on COPPA
The Federal Trade Commission (FTC) has issued an updated set of frequently asked questions designed to help website operators, mobile application developers, plug-ins and advertising networks operating on child-directed websites and online services prepare for upcoming changes to the Children’s Online Privacy Protection Rule (COPPA).
The document, Complying With COPPA: Frequently Asked Questions, contains information directed to websites and online services whose work online may involve the collection of personal information from children under age 13. The document provides guidance from the FTC staff that supplements the rules and other COPPA-related material previously published by the FTC.
The FTC finalized amendments to the COPPA rule last December, and they will go into effect on July 1 of this year. The process to review the rule was begun in 2010 with the intent to modernize the rule and ensure that children’s privacy protections kept up with evolving technology and changes in the way children use and access the Internet, including the increased use of mobile devices and social networking.
New TIPs Bulletins
Don’t forget: the California and Nevada Credit Union Leagues are continually posting TIPs Bulletins on the Leagues' Research and Compliance webpage to help credit union CEOs and compliance officers navigate the regulatory arena!
The following are the most recently published TIPs Bulletins, out of several others posted:
WEEKLY E-REPORTS START IN JANUARY
updated 12/15/14 05:30 PM
TIPs on 2015 IRS Mileage Rates
The first weekly report to which the provisions of Assembly Bill 2298 will apply to credit unions is coming in early January. This legislation allows financial institutions holding local agency deposits to submit weekly reports to the California Department of Business Oversight (DBO) electronically.
TIPs, EXAM MANUAL, MORTGAGE GUIDANCE
updated 12/09/14 07:32 AM
Latest Compliance Roundup
The California and Nevada Credit Union Leagues have posted TIPs Bulletin 14-28, which outlines California Assembly Bill 60 legislation and requirements for the California Department of Motor Vehicles (DMV) regarding issuing driver's licenses to individuals that are able to prove identity and state residency.