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Research & Compliance     

LATEST RESEARCH ITEMS OF INTEREST...

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.
     
InfoSight CU PolicyPro Rate Map
 
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
September 5, 2014
TIPs Bulletin #14-17 CFPB Publishes 2015 HOEPA and CARD Act Adjustments
   
August 8, 2014
TIPs Bulletin #14-16 CA Local Agency Deposits Weekly Reports Can Be Submitted Electronically
   
August 8, 2014
TIPs Bulletin #14-15 MasterCard Revised Standards – Limitation of Liability of Cardholders for Unauthorized Use (“Zero Liability”)
   
 
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

HELOC GUIDANCE: 'END OF DRAW' PERIOD
updated 07/11/14 10:17 AM
Also, Unclaimed Property Newsletter
The National Credit Union Administration (NCUA)—along with three other federal financial regulatory agencies and the Conference of State Bank Supervisors (CSBS)—have issued joint guidance regarding home equity lines of credit (HELOCs) nearing their “end-of-draw” periods, which occurs when the principal amount of the HELOC must begin to be repaid.

The guidance encourages financial institutions to effectively communicate with borrowers about the pending reset, and provides broad principles for managing risk as HELOCs reach their end-of-draw periods.

Other regulators jointly issuing this guidance include the Office of Comptroller of the Currency (OCC), Federal Reserve Board of Governors (FRB), and Federal Deposit Insurance Corp. (FDIC). To view the seven-page document, click here.

Additionally, NCUA Board Chairman Debbie Matz has issued Letter to Credit Unions (14-CU-08), encouraging credit unions to review the interagency guidance to ensure their practices align with NCUA’s risk management expectations.

State Controller’s Newsletter
The California State Controller’s Office has published its summer newsletter, which includes a reminder on the change to the threshold for aggregate reporting from $50 to $25, effective July 1, 2014.

For more information and clarification on this change, credit unions can review the California and Nevada Credit Union Leagues’ TIPs Bulletin 13-45 (October 2013).

The state controller’s newsletter also includes information and examples on properly reporting safe-deposit boxes, holders’ claims for reimbursement, and owner reunification efforts.

 
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2Q CU PERFORMANCE REPORTS PUBLISHED
updated 09/18/14 12:29 PM
California and Nevada Snapshot
The second-quarter 2014 Credit Union Quarterly Performance Reports for California and Nevada have been published by the California and Nevada Credit Union Leagues.

Click to view the complete story

FinCEN ISSUES TRAFFICKING ADVISORY
updated 09/12/14 01:36 PM
Third Disclosure Webinar Announced
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to financial institutions on recognizing “red flags” that may indicate financial activity related to human smuggling or human trafficking.

Click to view the complete story

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.