Threats to fee income continue During the last few months, we have noted growing pressure on financial institutions from multiple fronts to regulate, reduce or
Risk Based Pricing Notices on Business Purpose Loans Question: Are risk-based pricing notices (RBPN) required on business purpose loans? Answer: No. RBPN’s are on required
What does NCUA going to CAMELS mean? Effective in April of this year, NCUA will switch its exam framework from CAMEL to CAMELS. This means
Providing Mortgage Disclosures on a Denial Q. Good morning Heather, I feel like this is a silly question – but I want to clarify it. If
Lending to minors Q. Can we do loans for people under 18? I have never heard of it but apparently the credit union has made loans
Overdraft Opt-In for Recurring Debit Card Transactions Q. Heather, What does Reg E say regarding recurring debit card transactions? We have a member that opted out
Got BSA Training? We understand mandatory Bank Secrecy Act (BSA) training can get old, stale, annoying, difficult, etc. To that end, the Utah Credit Union
Compliance training Some of you may already know that we are conducting our annual compliance training series a bit differently this year. While making plans
Holiday counting and Reg Z Federal Holidays that fall on a weekend (like Christmas and New Year’s Day do this year) always bring up questions
