Are you keeping up with recent changes to regulatory laws and regulations?

Published by: Christy Clark

January 25, 2023 | Regulatory

As we start a new year, it is essential that credit unions have a review process for policies and procedures. As the financial industry evolves, so should the resources and guidelines that the credit union follows. As part of your annual League membership, making these updates is more accessible than ever.

Annual threshold changes take effect in Regulation Z, Regulation D, Regulation C, and IRS Rules at the beginning of 2023. Both InfoSight and CU PolicyPro have been updated with these changes. In addition, many threshold updates are tied to the consumer price indices for the CFPB-driven regulations.

Contact Sean Brown for questions or assistance.

Sean Brown
Sean Brown Director, Regulatory Affairs E: sbrown@ohiocul.org
Contact Us

Other Movement News

Government Affairs

Members advance advocacy priorities in Washington, D.C.

Credit union advocacy strength is built by the willingness of Ohio credit unions to go above and beyond to advocate for 3.2 million Ohioans. Last week, 39 leaders from 26 […]
Regulatory

Credit unions connect with NCUA Chairman during Hike the Hill

Optimal regulation occurs when regulators and regulated organizations collaborate on safety, soundness, and consumer protection priorities without negatively impacting operational viability. Almost 40 Ohio credit union leaders traveled to the […]
Member Benefits

Congratulations 2023 award winners

Credit unions make a positive impact on people’s daily lives, and the League is proud to acknowledge the dedicated individuals who make it all happen each year. This year holds […]