Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
This week the NCUA announced 22 credit unions filed late call reports for the 3rd quarter of 2015 and have consented to civil monetary penalties totaling $18,682. The range of penalties charged were from $115 up to $10,000. In order to determine the penalties for the credit unions, the NCUA assessed three factors: the credit union’s asset size, its recent call report filing history, and the length of the delay. [2/2/16]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video