Compliance News

CCUA’s Velazquez Joins Discussion with U.S. Treasury Assistant Secretary for Financial Institutions

March 23, 2023

CCUA's Chief Advocacy Officer Adrian Velazquez recently participated in a CUNA-hosted meeting with U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele. Attendees in the meeting were briefed on Treasury's views and actions responding to Silicon Valley Bank's (SVB) "systemic risk intervention." The Assistant Secretary emphasized Treasury’s commitment in bringing confidence to the financial markets.


CCUA’s GAC Attendees Receive Briefing; Prepare for Hill Visits

February 27, 2023

Member credit unions of the Association filled a meeting room late yesterday afternoon to receive a briefing from CCUA’s Advocacy team in preparation for their Hill visits. Attendees will call on their respective representatives and senators both today and tomorrow, presenting a unified message on behalf of their many credit union’s members.


CCUA Member Credit Unions Descend on Capitol Hill and the GAC

February 26, 2023

More than 125 credit union executives representing CCUA's four states arrived in Washington, DC, yesterday for CUNA's annual Governmental Affairs Conference.


CUNA Mutual Group: An Unmatched Partner

December 17, 2022

As we approach year-end, it’s often a time to reflect back on the past 12 months and in particular to give thanks. From a professional perspective, I am thankful for the tremendous support and partnership CCUA enjoys with our member credit unions. I am also extremely thankful to have such a meaningful and valuable partnership with CUNA Mutual Group.


McLean Sends Comment Letters to NCUA on Federal Credit Union Bylaws and Subordinated Debt

December 05, 2022

McLean commented on NCUA’s proposed rule on Federal Credit Union Bylaws. CCUA supports the Board’s proposal implementing the Credit Union Governance Modernization Act of 2022’s provisions authorizing federal credit unions to expel members for cause based on a two-thirds majority vote of the credit union’s board of directors, with the opportunity for the member to request a virtual hearing. In addition, McLean recently submitted a comment letter to support the NCUA’s proposed revisions to the subordinated debt regulation to give low-income-designated credit unions (LICUs) greater flexibility to participate in the U.S. Treasury’s Emergency Capital Investment Program (ECIP) by extending the maximum term of subordinated debt investments to more than 20 years.


McLean, Credit Union Leaders hold dialogue with MA Division of Banks

April 28, 2022

Cooperative Credit Union Association President/CEO Ron McLean and 54 credit union leaders from throughout Massachusetts joined MA Division of Banks Commissioner of Banks Mary Gallagher and members of her team to discuss regulatory, examination and consumer compliance developments/priorities.


Gallagher on Compliance with Semi-Annual Reporting of Certain Mortgage Loans: MGL Chapter 244 Section 35B

March 25, 2022

Mary L. Gallagher, Massachusetts Commissioner of Banks, addressed all state-chartered institutions relative to the reporting of certain loan modifications


What Is a Cyberattack? And Why Are Credit Unions at Risk?

March 14, 2022

In the very rapidly evolving digital world, it is more critical than ever for credit unions to heighten their state of awareness related to cybersecurity.  Examine the variations of cyberattacks and how they can impact your credit union with Melissa Pomeroy, Chief Revenue Officer for the Cooperative Credit Union Association.


McLean Urges CFPB to Exempt CUs from Proposed Small Business Lending Data Collection

January 07, 2022

Citing the significant compliance burdens already on credit unions, especially small credit unions, and the impact the data collection rule will have credit unions’ compliance resources, Credit Union Association President/CEO Ron McLean urged the Consumer Financial Protection Bureau (“Bureau”) to exempt credit unions from the proposed rule relative to small business lending data collection.


COVID-19, Variants, Vaxes, and More

January 06, 2022

An hour-long discussion devoted to the topic of COVID-19 and its impacts for 2022, the potential harm of the Omicron Variant, what we now understand about long-haul symptoms, the current state of vaccinations, and the continued concerns regarding employee relations and compliance


EANE Weekly: Hotline Call of the Week, Imposter Syndrome and Recruitment Plans

December 15, 2021

Employers Association of the NorthEast shares HR resources, tips, and training with CCUA members. This week's highlights include: Hotline Call of the Week, Imposter Syndrome and Recruitment Plans


FedNow: Faster Payment, Future, Feasibility

December 05, 2021

Presented in partnership with the Credit Union Webinar Network, this complimentary recorded webinar explores the FedNow instant payment service. Available on Desktop, Mobile & Tablet, this digital download is yours to keep and can be shared with anyone at your credit union. 


Agencies Issue Exemption Threshold Adjustments

November 30, 2021

The CFPB, Federal Reserve Board, and the OCC have published in the November 30, 2021, Federal Register final rules making inflation adjustments in exemption thresholds under Regulations M and Z. All of the adjustments will be effective for calendar year 2022


Vaccination Mandates and Testing / Follow-up

November 23, 2021

Allison Ebner, Director of Member Services with Employers Association of the NorthEast, joined Bill Nagle, CCUA’s Senior Vice President, Professional Development, for a discussion on what the court-issued stay on the Biden administration's COVID-19 vaccine mandate for U.S. employers with 100 employees or more means to credit unions and their employees.


Elder Abuse Training Presented in Partnership with RI AG Office

November 22, 2021

Rhode Island’s Mickaela Driscoll, Elder Abuse Investigator, and Molly Kapstein Cote, Special Assistant Attorney General, recently examined the law, and associated fraud schemes and scams, with Cooperative Credit Union Association-affiliated credit union professionals. The duo shared alarming statistics, acknowledging that these crimes are drastically under-reported, since victims are often afraid and reluctant to come forward.


EANE Weekly: Hotline Call of the Week, Compensation Basics, Salary Trends, and Purpose Power

November 09, 2021

Employers Association of the NorthEast shares HR resources, tips, and training with CCUA members. This week's highlights include: Hotline Call of the Week, Compensation Basics, Salary Trends, and Purpose Power


4 Tips to Get the Most Out of CU PolicyPro

November 02, 2021

CU PolicyPro®, an online system with more than 230 detailed model policies to help credit unions manage today’s ongoing compliance and operational challenges, is offered FREE OF CHARGE to CCUA members as a benefit of affiliation. Keep your policies up-to-date and in compliance with help from CU PolicyPro!


CCUA Forum Sheds Light on Dealing with Vaccination Mandates

November 01, 2021

CCUA President/CEO Ron McLean, joined by Alison Ebner from the Employers Association of the Northeast, held a virtual forum yesterday for members to discuss the questions and strategies surrounding the vaccination mandate. 


EANE Weekly: Hotline Call of the Week; Excel Training; Courageous Conversation; and Harassment and Discrimination Training

October 27, 2021

Employers Association of the NorthEast shares HR resources, tips, and training with CCUA members. This week's highlights include: Hotline Call of the Week; Excel Training; Courageous Conversation; and Harassment and Discrimination Training


Summary of October NCUA Board Meeting

October 21, 2021

The National Credit Union Administration Board approved two items during its nineth open meeting of 2021:

•         A final rule that adds the sensitivity to market risk or “S” component to the existing CAMEL rating system and redefines the liquidity risk or “L” component; and

•         A final rule that expands the list of permissible activities and services credit union service organizations or CUSOs are allowed to engage in.

In addition, the NCUA Board received a semiannual briefing on cybersecurity risks confronting credit unions and the financial services sector.


Page 1 of 70 pages  1 2 3 >  Last ›

« RETURN TO ALL NEWS