NASCUS Report Archives
Unemployment insurance fraud under scrutiny
Unemployment insurance fraud related to the coronavirus crisis has earned the attention of the Treasury’s financial law enforcement arm, as the agency this week issued an advisory urging financial institutions...
Order exempts insurance buys from customer ID program
The three federal banking agencies joined with NCUA late last week to issue an exemption from the requirements of the customer identification program (CIP) rules for loans extended by banks...
Summary outlines RFI on CARD Act rules
A request for information (RFI) from CFPB about whether rules applying credit card consumer protections should still stand, be revised or rescinded is summarized by NASCUS in a new posting...
Webinar tackles rash of embezzlements
A one-hour webinar focusing on how to prevent the spreading rash of embezzlements among financial institutions (including credit unions) is on the NASCUS education agenda for the middle of November...
ON THE (virtual) ROAD: Working with the Underground Collision
In the video (click on the image to see), NASCUS’ Lucy Ito discusses “the full potential of the credit union mission” with Susan Mitchell “The full potential of the credit...
BRIEFLY: CRA data entry software ready; NCUA marks cyber month
For those credit unions that must comply with their states’ community reinvestment act (CRA) requirements, the FFIEC said this week that the second release of data entry software (DES) for...