Compliance Blog

Written by Bernadette Clair, Regulatory Compliance Counsel

The May issue of the NCUA Report is now available. This issue includes the following:

• Office of Examination and Insurance Report: Demystifying Capital Requirements for Credit Unions – Part 2

• Chairman’s Corner: Secure Liquidity Sources While the Sun is Shining

• Board Actions: Share Insurance And Stabilization Funds Remain on Sound Footing

• Board Perspective: Everyone Comes Out a Winner

• Electronic Banking Threats and Security

• Mobile Banking Offers Credit Unions New Ways to Attract Members, Offer Value

• Deadline for Consulting Service Nominations is May 31

• FFIEC Appraisal Complaint Hotline Opens

• NCUA Discontinues Mailing Regulatory Letters to Credit Unions; Will Send by Email Instead

There are a few good reads in this issue, and we’ll take a closer look at Electronic Banking Threats and Security tomorrow.

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FinCEN SAR Activity Review.  FinCEN has released its 23^rd Issue of the SAR Activity Review – Trends, Tips & Issues, as well as the 18^th Issue of the SAR Activity Review – By the Numbers. These two reports are an excellent source of information on the latest trends and numbers in suspicious activity reporting.