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 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
Continue for Ask R&I
|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|
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.
Amendments to the Ability-to-Repay and Qualified Mortgage Standards
TIPs Bulletin 13-38 examines the Consumer Financial Protection Bureau's (CFPB) issuance of the 2013 Ability To Repay (ATR) final rule, which adopts certain exemptions, modifications, and clarifications to the Truth In Lending Act's ATR requirements.
FinCEN Ruling on Armored Car Service Transactions
TIPs Bulletin 13-37 looks at the Financial Crimes Enforcement Network's (FinCEN) recently issued administrative ruling (FIN-2013-R001) regarding currency transaction report (CTR) filings when members use armored cars.
NCUA Final Rule on Loan Participations
TIPs Bulletin 13-36 spotlights the National Credit Union Administration's (NCUA) amended loan participation rule, eligible obligations rule, and requirements for insurance rule.
Article on Escheatment of Custodial Accounts
TIPs Bulletin 13-35 highlights an article recently published by the California State Controller's office, which states that custodial accounts—those opened under the Uniform Transfers to Minors Act—escheat to the state three years from the date the account is payable or distributable to the beneficiary.
InfoSight Weekly Newsletter
Don't forget to read the InfoSight Weekly Newsletter on a regular basis to catch up on current research and compliance issues. InfoSight is your online compliance guide, giving you resources available 24 hours, 7 days a week as part of your League membership.
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.