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FFEIC Releases Social Media Guidance & Requests Comments

Jan
25

The Federal Financial Institutions Examination Council (FFIEC) released proposed guidance entitled Social Media: Consumer Compliance Risk Management Guidance.

Posted By Sharon Bahr read more

IRS Issues Final FATCA Regulation

Jan
25

The Internal Revenue Service (IRS) issued a final rule that implements information reporting and withholding tax provisions under the Foreign Account Tax Compliance Act (FATCA).  The rule describes the step-by-step process for U.S.

Posted By Sharon Bahr read more

Glenn Barks Named Chairman of CDIAC

Jan
25

Glenn Barks, president/CEO of First Community Credit Union (Chesterfield) has been named the new chairman of the St. Louis Federal Reserve Board's 2013 Community Depository Institute Advisory Council (CDIAC). He joined the 12-person council in 2011.

Posted By Halley Hayden read more
Posted By Halley Hayden read more
Posted By Halley Hayden read more

Summaries of NCUA Final Rules Posted

Jan
22

CUNA’s summaries of the National Credit Union Administration Board’s  rules on Technical Amendments to its Treasury Tax and Loan Depositaries; Low Income Designation,

Posted By Halley Hayden read more

CFPB News 1/22

Jan
21

CFPB Finalizes Mortgage Servicing Rules

As expected, the CFPB issued its mortgage servicing rules amending Regulation X (RESPA) and Regulation Z (Truth in Lending) last week.  The final rules become effective on January 10, 2014.

Posted By Halley Hayden read more

Credit Union Leaders Attend Inaugural Events in Jefferson City

Jan
16

Representatives from Missouri credit unions and the Missouri Credit Union Association (MCUA) were in Jefferson City to attend the inaugural events held January 13-14.  During the two-day event, credit union leaders met with lawmakers and other distinguished guests, including State Treasurer Clint Zweifel (D) who held an inauguration reception Sunday evening.

Posted By dkent read more

CFPB Updates - 1/14/2013

Jan
14

CFPB Issues New Final Mortgage Rule & Associated Proposal

Posted By Sharon Bahr read more

CFPB Issues Qualified Mortgage Standards

Jan
11

The Consumer Financial Protection Bureau (CFPB) has finalized the qualified mortgages (QM) regulations, also known as the "ability-to-repay" mortgage rule. The rules are posted to the bureau's website and now may be considered "issued."

Posted By Halley Hayden read more

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