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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.
     
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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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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

CFPB RELEASES DISCLOSURE FORM GUIDE
updated 04/21/14 10:25 AM
Also, CA Unclaimed Property Program
The Consumer Financial Protection Bureau (CFPB) has released a guide to completing TILA-RESPA Integrated Disclosure Forms—a companion to the small Entity Compliance Guide the bureau recently released.

Click here to view the Loan Estimate and Closing Document Forms guide.

The guide provides instructions for completing the Loan Estimate and Closing Disclosure, while also highlighting common situations that may arise when completing the forms. It may also be helpful to settlement service providers, software providers, and other firms that serve as business partners to creditors.

Click here to view all resources available for the TILA-RESPA Integrated Disclosure rule.

California Unclaimed Property Program
The California State Controller’s Office has published its 2014 Spring Newsletter regarding the California Unclaimed Property Program. The newsletter includes articles on the following topics:

  • Submitting the Holder Remit Report
  • Performing Due Diligence for the 2014 Report Year
  • Holder Warning: Ensure You are Communicating with the Correct Property Owner
  • Introducing the Unclaimed Property Events Webpage
  • Questions Regarding Securities
  • Sending Funds Electronically with the Holder Remit Report

For questions, credit unions can contact the Unclaimed Property Reporting Unit at 916-464-6284 or ucpreporting@sco.ca.gov. You may also contact the Holder Outreach and Compliance Unit at 916-464-6088 or updholderoutreach@sco.ca.gov.

 
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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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NCUA SUPERVISORY PRIORITIES FOR 2015
updated 01/13/15 09:35 AM
Additional MSB Guidance
The National Credit Union Administration (NCUA) sent a letter to federally-insured credit unions on its supervisory priorities for 2015. The letter is intended to assist credit unions in preparation for 2015 examinations.

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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.