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.
The CAN-SPAM Act places restrictions on companies sending commercial electronic messages (CEMs) to people living in Canada.
Although the new anti-spam requirements will apply to U.S. credit unions that send marketing messages to members who reside in Canada, there is a grandfather clause for existing credit union members—and a safe harbor for emails that comply with the CAN-SPAM Act—that should help limit compliance burdens on U.S. credit unions.
For TIPs Bulletin 14-14, click here.
SAR Stats Report
The Financial Crimes Enforcement Network (FinCEN) has released the very first issue of SAR Stats (Suspicious Activity Reporting), the successor publication to By The Numbers.
FinCEN anticipates issuing more periodic updates to SAR data beginning this fall.
Update to Unclaimed Property Holder Handbook
The California State Controller’s Office has made updates to its Unclaimed Property Holder Handbook.
The following sections were updated: aggregate reporting; holder due diligence; and owner detail sheet (UDS-1) instructions.
For questions, contact the Holder Outreach and Compliance Unit at 916-464-6088 or UPDHolderOutreach@sco.ca.gov.
HMDA/LAR REPORTS COMING DUE
updated 02/23/15 03:44 PM
Plus, SBL Resource Center
Credit unions subject to Home Mortgage Disclosure Act (HMDA) requirements for 2014 activity are reminded to submit Loan/Application Register (LAR) data to the Federal Reserve Bank processing center by the March 2, 2015 deadline.
MAKE COMPLIANCE A PRIORITY IN 2015
updated 02/17/15 08:31 AM
All-Inclusive Tracking Tool
The new year marks a time of renewed vigor and a clear vision of where you want your credit union to be in 2015. Make compliance your focus with ComplySight!