OFAC Decision Tree; Risk-Based Pricing Notice; Thank you
When a credit union gets an "OFAC hit," the following question quickly surfaces: Now what??!!
OFAC, in its frequently asked questions section, explains what you should do to determine if you have a valid "OFAC Match." You can access it here. The guidance does a good job of methodically laying out what you should do, step-by-step. Access other OFAC postings here.
News flash: Yesterday the Federal Reserve and the FTC issued the long-awaited proposal concerning risk-based pricing notices. You can access a press release (which will give you access to the proposal) here. Once it is published in the Federal Register, we'll have 90 days to comment.  I haven't had a chance to read through it. In fact, as I type this, I'm waiting for She Who Must Be Obeyed to finish packing before we head down to Syria, Virginia for our wedding!
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Tomorrow is the big day, when I marry the love of my life. Thanks to all of you who have wished me well and offered kind words of advice and congratulations. The best part of my job is my interaction with all of you. Again, thank you. (And thank you for putting up with all of my wedding-related rants and ravings!)
Have a wonderful weekend, everyone!