Regulatory & Compliance

Agencies clarify reporting rules on structuring, timelines and documentation for credit unions and other FIs.

Trade group outlines key areas for modernization in EGRPRA review.

CSBS data shows community banks view large banks and peers, not credit unions, as primary rivals.

1st Advantage Federal Credit Union is shielded by an earlier Appeals Court ruling requiring “actual knowledge” of a business email scam.

A solution: Multiple small CUs could share the costs of hiring and employing a CEO by making greater use of fractional leadership agreements.

At best, calculators are basic estimation tools, and at worst, they are ticking compliance risk time bombs.