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2012 News
Administration eyes tax expenditures
(February 23, 2012)
Topics: Daily News
NAFCU is remaining vigilant in its effort to preserve the credit union tax exemption against the backdrop of Wednesday’s release of the Obama administration’s “framework for business tax reform,” which addresses the possible elimination of certain federal tax expenditures.
CFPB looking at overdraft fees, disclosures
(February 23, 2012)
Topics: Daily News
The Consumer Financial Protection Bureau is conducting an inquiry into financial institutions’ overdraft protection practices and seeking comment on a draft “penalty fee” box that could be included on consumers’ checking account statements to explain overdraft fees and how to minimize them.
CUs coached on succession planning
(February 23, 2012)
Topics: Daily News
One of the main impediments to organizational succession planning is getting up and “getting started,” Larry Keen of LarsonAllen Search LLC said yesterday during a NAFCU webcast.
Existing-home sales gain paints rosy picture
(February 23, 2012)
Topics: Data/Economic Indicators, Daily News
Existing-home sales in January grew to their highest levels in 18 months, reinforcing NAFCU’s view that the housing market will continue to heal as the jobs picture gets better.
FinCEN test website previews new CTR, SAR
(February 23, 2012)
Topics: Daily News
The Financial Crimes Enforcement Network’s updated Bank Secrecy Act E-Filing System test site offers a preview of future PDF versions of the currency transaction report and suspicious activity report, the network announced.
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