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.
Answers to your crucial questions can be less than one business day away. Post your question here, and a talented compliance professional will get back to you quickly! Or if you prefer, call the PolicyWorks compliance hotline to speak directly with our knowledgeable consultants.
Compliance Hotline: (844) 731-6072
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The frequently-asked-question guides are the only acceptable format for submitting SARs and CTRs to FinCEN. The network will issue additional guidance as needed.
Click here to access the SAR guide.
Click here to access the CTR guide.
New TIPs Bulletins Posted
Stay updated on compliance issues and rules with new TIPs Bulletins posted by the California and Nevada Credit Union Leagues! TIPs Bulletins (Technical Information and Procedures) have been published within the past couple of weeks, including the following:
TIPs Bulletin 13-30 provides information on amendments to the 2013 Escrow Final Rule under the Truth in Lending Act (Regulation Z).
TIPs Bulletin 13-29 provides information on the final remittance transfer rule issued by the Consumer Financial Protection Bureau (CFPB).
CHANGES TO IRS FORM 1098
updated 05/03/16 07:30 AM
SCRA Foreclosure Protection Extended
The Internal Revenue Service (IRS) has clarified changes to Form 1098—the Mortgage Interest Reporting form—as a result of the Surface Transportation Act signed into law last July. Beginning next year:
UNCLAIMED PROPERTY HANDBOOK
updated 04/26/16 07:15 AM
Plus, Title XIV Mortgage Updates
California State Controller's Office has issued an updated Unclaimed Property Holder Handbook with changes to reflect: