Compliance Blog

May 15, 2009

Affiliate Marketing; NAFCU Softball

Posted by Sarah Loats

The NCUA, along with the federal banking agencies, issued technical amendments to the Affiliate Marketing rule. According to the summary, the technical amendments correct minor errors and omissions but do not change any substantive requirements:

"The technical corrections included in this Federal Register document revise one of the affiliate marketing model forms and the instructions to the model forms to correct inadvertent omissions and conform the model forms and the instructions to the affiliate marketing rules, and correct minor errors in the identity theft red flags and address discrepancy rules and guidelines. The substantive requirements of the affiliate marketing and the identity theft red flags and address discrepancy rules are unchanged."

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NAFCU softball found itself in familiar territory last night - a split of a doubleheader.  The first game was a 13-2 NAFCU victory spurred on by a nine run 3rd inning.  However, the second game result in a 8-5 defeat despite a late rally from NAFCU.  The current record stands at 2-4. 

Game ball goes to Corey Davis of Member Services - two big hits in the first game to seal the victory.Â