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Click here to register for this free webinar. (Participants will also use this link to log into the webinar. Registrants should allow pop-ups from this website.)
Organized by NCUA’s Office of Small Credit Union Initiatives (OSCUI), the webinar will feature Timothy Segerson, deputy director of NCUA’s Office of Examination and Insurance. This webinar is open to credit unions of all asset sizes.
The presentation will cover topics that include:
Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read “Examination Issues for 2013.”
For technical questions about accessing the webinar, please call 703-518-6440.
MLA DATABASE FEB. 15 DEADLINE
updated 02/09/16 08:00 AM
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Credit unions seeking a safe harbor under the Department of Defense’s (DoD) Military Lending Act (MLA) final rule will have two new options come Oct. 3, 2016: 1) A credit union may verify a borrower’s status on the DoD’s database, or 2) a credit union may use a consumer report obtained from a nationwide consumer reporting agency to determine whether a borrower is a “covered borrower.” Credit unions interested in utilizing the first option have until Feb. 15, 2016 to notify the Defense Manpower Data Center (DMDC) of their intent. This may be done by emailing the MLA helpdesk at email@example.com.
CA PRIVACY NOTICES STILL REQUIRED
updated 02/02/16 08:35 AM
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The FAST Act made changes to federal annual privacy notice requirements. However, it did not change California privacy notification requirements, which are applicable to all financial institutions doing business in California. California state annual privacy notifications are still required, depending on what information is shared and with whom.