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Research & Compliance     


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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Credit Union Quarterly Performance Report

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.

Ask R&I

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
March 25, 2015
TIPs Bulletin #15-06 Foreign Language Translation Forms Revisions
TIPs Bulletin #15-05 NCUA Issues Warning to Consumers about “National Credit Union” Phishing Scam
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
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

updated 06/23/14 10:08 AM
TIPs: Wage Increase, Mutilated Currency
The National Credit Union Administration (NCUA) has published Letter Number 14-CU-07, which states that if a credit union has an outstanding loan to a CUSO or an investment in a CUSO, it’s required to amend the contractual agreement by the end of this month (June 30).

An important clarification was also spotlighted. NCUA Chairman Debbit Matz added: “This letter clarifies that only those federally insured credit unions investing in or lending to a CUSO are subject to this part of the CUSO rule. A federally insured credit union that only receives products or services from a CUSO—but does not have an investment in or a loan outstanding to a CUSO—is not subject to the requirement.”

OFAC and FinCEN Compliance Webinar
NCUA will host part two of its free webinar series, “How to Be in Compliance with OFAC and FinCEN” on June 25 at 11 a.m. (Pacific).

Using real-world scenarios and case studies, this webinar will explore emerging issues in anti-money laundering compliance that credit unions could face in their daily operations. Diane Rector, training manager with NCUA’s Office of Small Credit Union Initiatives, will host leading compliance experts, including:

  • Rachel Nagle, senior advisor for compliance programs, Office of Foreign Assets Control
  • Anthony Harris, deputy office director, Financial Crimes Enforcement Network
  • Thomas Lawler, compliance project officer, Financial Crimes Enforcement Network

The panel will also provide examples of best practices that can help credit unions create a well-developed and well-implemented Bank Secrecy Act and anti-money laundering program. In addition, participants will be able to ask questions about their own compliance concerns.

To register, click here!

Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read, OFAC and FinCEN Compliance Webinar. Participants with technical questions about accessing the webinar may email audience.support@on24.com.

You can access the archived webinar by clicking here.

Minimum Wage Increase Reminder
As a reminder, California Gov. Jerry Brown signed into law a bill that increases California’s hourly minimum wage rate from $8 an hour to $9 on July 1, 2014, and up to $10 an hour by Jan. 1, 2016. Refer to the California and Nevada Credit Union Leagues' Tips Bulletin 13-40 for more information.

TIPs Bulletin: Exchange of Mutilated Paper Currency
TIPs Bulletin 14-11 was just posted by the Leagues, which spotlights how the Bureau of Engraving and Printing is amending its regulations to update mutilated currency procedures, eliminate references to obsolete practices and terms, and provide the public with more specific information on the process for submitting mutilated currency for possible redemption. The changes do not change how credit unions submit unfit currency; however, the information is provided in case credit union members ask how to redeem mutilated currency.

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updated 05/22/15 10:33 AM
Also, New TIPs Bulletins Posted
Your access to PolicyWorks begins this Monday, June 1—a benefit that will connect your everyday regulatory compliance questions to an extensive network of experts who will provide the right answers.

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updated 05/18/15 02:44 PM
Also, Two FinCEN Announcements
Members of the California and Nevada Credit Union Leagues will have access to an extensive network of experts to answer their regulatory compliance questions when the Leagues’ Research and Information (R&I) Department transitions to PolicyWorks on June 1.

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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.
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Comment Letters
The Leagues write letters in response to proposed legislation and regulations that affect your credit union’s ability to serve members.