The Regulatory Affairs team is committed to providing credit unions with the most efficient regulatory compliance assistance possible.  With that in mind, we have implemented a single e-mail address for you to submit your compliance questions.  This new e-mail address, This e-mail address is being protected from spambots. You need JavaScript enabled to view it , is monitored continuously to ensure that your questions receive prompt attention.  We have also created a compliance hotline that will allow the team member that is readily available to respond to your call quickly.  This hotline is not a voice mail box, and will generally be answered by a team member. However, in the event that a team member is not available, someone will promptly return your call.  You can reach the compliance hotline at either 1 (800) 477-1697, (602) 264-6701, or (720) 479-3200.  Choose option 4, then press 2.  We look forward to serving you better!

In its efforts to reduce the unnecessary regulatory burden of credit unions, CUNA backed the Regulatory Accountability Act of 2011 (H.R. 3010) by submitting a statement for the record of Tuesday's House Judiciary Committee hearing.  Read More

The U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC'') has published the names of three individuals and two entities whose property and interests in property have been unblocked pursuant to Executive Order 12978 of October 21, 1995, ``Blocking Assets and Prohibiting Transactions With Significant Narcotics traffickers''.  Read More

Credit unions will be interested to know that the National Credit Union Administration (NCUA) has advised its examiners on alternative ways to view how the sudden inflow of deposits and members caused by the planned Nov. 5 Bank Transfer Day could impact credit union finances.  Read More

The Federal Housing Finance Agency, the federal regulator with oversight responsibility for Fannie Mae and Freddie Mac, announced changes Monday to the Home Affordable Refinance Program to attract more underwater borrowers who could benefit from refinancing their home mortgages. Read More

The National Credit Union Administration provided additional detail on the two divisions of its Office of Consumer Protection , and covered the agency's member complaint resolution process, in a letter to credit unions (11-CU-17) released late last week.  Read More

CUNA has reminded credit unions to confirm that previously submitted Nationwide Mortgage Licensing System & Registry information remains accurate and complete, and to update any information that needs to be changed, during the NMLS Annual Renewal period.  Read More

The Federal Financial Institutions Examination Council (FFIEC) today announced that beginning in 2012 it will calculate the annual Median Family Income (MFI) data that are published each June. The 2012 MFI Data will incorporate the U.S. Census Bureau’s American Community Survey (ACS) information and will be referred to as FFIEC Median Family Income Data. Read More

The Consumer Financial Protection Bureau has released another version of its simplified mortgage disclosure form as part of its ongoing Know Before You Owe project. Read More

WASHINGTON — The federal agencies that supervise banks, thrifts, and credit unions, and the Farm Credit System, today published guidance that updates the Interagency Questions and Answers Regarding Flood Insurance that were most recently published on July 21, 2009 at 74 FR 35914-35947.  Read More