New year, new compliance policy updates

Published by: Christy Clark

January 12, 2022 | Compliance

In addition to the usual updates related to annual threshold changes, the following rules became effective on Jan. 1, 2022, and have prompted corresponding policy updates as well as the creation of new policies:
Risk-Based Capital (NCUA)

Subordinated Debt (NCUA)
Regulation C – Home Mortgage Disclosure Act (HMDA)

For a quick summary of these updates, click here. For additional information and support on CU PolicyPro, contact Director, Member Success and Communications Christy Clark.

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 […]

All Movement News