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October 05, 2023

New on the Compliance Blog: Credit card agreements, CTRs

ComplianceAs credit unions work to meet the needs of more than 138 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog every Monday and Wednesday.

Here's a roundup of what's new this week: 

Submitting Credit Card Agreements to the CFPB: Regulatory Compliance Counsel Tara Simpson provides a refresher on submitting credit card agreements to the CFPB. Simpson details the requirements under Regulation Z and outlines which credit card agreements credit unions are required to submit.

Untangling CTRs: Regulatory Compliance Counsel Aminah Moore dives into currency transaction reports (CTRs) and highlights several scenarios that can be helpful as credit unions make decisions about when a CTR should be filed.

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