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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|January 28, 2015|
|TIPs Bulletin #15-04||2014 Residential Mortgage Loan Report|
|TIPs Bulletin #15-03||HMDA/LAR Reports|
|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)|
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.
These two lists (click here) have been generated from financial institutions in existence on Dec. 31, 2012, according to available data.
Financial institutions have been grouped into two categories—"Exempt" and "Not Exempt"—based on the determination that an individual institution, together with its affiliates, has either more or less than $10 billion in assets.
If a financial institution believes any information is not accurate, it may file a correction request by emailing IssuerExemptionListsRegII@frb.gov.
Secondary Capital Webinar
The National Credit Union Administration (NCUA) will host a free webinar, “Will Secondary Capital Work for You?,” on July 31 at 11 a.m. (Pacific).
Click here to register for this free webinar. Participants will also use this link to log into the webinar. Registrants should allow pop-ups from this website.
Staff members from the Office of Small Credit Union Initiatives (OSCUI) and Region III’s Division of Supervision will detail NCUA’s requirements for low-income designated credit unions to secure and use secondary capital.
Webinar participants will also hear from a credit union manager who utilizes secondary capital to supplement the credit union’s net worth and better serve its low-income field of membership.
Participants may submit questions in advance by emailing WebinarQuestions@ncua.gov. The subject line of the email should read Secondary Capital Webinar.
If you have technical questions about accessing the webinar, you can email firstname.lastname@example.org
TIPs Bulletin: Escheatment of Custodial Accounts
A new TIPs Bulletin has been posted by the California and Nevada Credit Union Leagues' Research and Information team!
TIPs Bulletin 13-35 reviews how the California Credit Union League has worked with State Controller John Chiang's office to clarify confusion regarding custodial accounts escheated to the state.
TILA-RESPA RULE CHANGES 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 Aug. 1, 2015.
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.