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CFPB Officially Delays International Remittance Regulation

Jan
25
CFPB Officially Delays International Remittance Regulation

This week the Consumer Financial Protection Bureau (CFPB) officially announced in a blog post that it is delaying the effective date of its international remittance transfer rule that was set to go into effect on February 7, 2013.  The new effective date will be announced “later this year” and th

Posted By Sharon Bahr read more

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.

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IRS Issues Final FATCA Regulation

Jan
25
IRS Issues Final FATCA Regulation

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.

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Glenn Barks Named Chairman of CDIAC

Jan
25
Glenn Barks Named Chairman of CDIAC

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
Summaries of NCUA Final Rules Posted

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,

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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
Credit Union Leaders Attend Inaugural Events in Jefferson City

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.

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CFPB Updates - 1/14/2013

Jan
14
CFPB Updates - 1/14/2013

CFPB Issues New Final Mortgage Rule & Associated Proposal

Posted By Sharon Bahr read more

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