Compliance

KNOXVILLE, Tenn.-The Credit Union Committee on Declaration of Grievances is getting bigger and gaining traction.

GRAND RAPIDS, Mich.-If the petition circulated by Randy Karnes earlier this year did one thing, it got at least some people to stop complaining behind the scenes about NCUA and the CU trade associations.

ASHLAND, Ky. -- Ashland CU has contracted with COMPASS 4 CUs to provide it with regulatory compliance services.

ARLINGTON, Va. – Arlington Community FCU has signed with COMPASS 4 CUs to provide it with regulatory compliance services.

LAS VEGAS – Board members were reminded that beginning in January examiners will begin reviewing credit union risk assessments and that in the board room, credit union need to be prepared to comply.

WASHINGTON-Credit unions may soon getter a better handle on potential additional compliance demands as the new Consumer Financial Protection Bureau has begun accepting consumer complaints related to home mortgages.

WASHINGTON-Credit union leaders called on Congress last week to amend required disclosures at ATMs, eliminate annual privacy notices required for members and reduce financial reporting for small credit unions in the next round of regulatory relief currently being drafted.

WAUSAU, Wis.-Credit unions pleaded for regulatory relief at a House Financial Services Committee field hearing here.

RIDGECREST, Calif.-Here on the eastern side of the Sierra Nevada Mountains, on lonely Highway 395 between Mojave and Mammoth, "prompt" is a relative term.

LAS VEGAS-If small credit unions did not have the same regulations imposed on them as large credit unions and banks, they would have a better chance to survive.