Economic Census Forms; Upcoming Webinars & Webcasts
Written by Steve Van Beek
Economic Census. Â Your credit union may have gotten an Economic Census form (the forms were sentÂ between October and December). Â The deadline for completion is February 12th. Â To help facilitate understanding of this form and the requirement, the Office of Business Liaison at the Department of Commerce has put together information, numerousÂ FAQsÂ and is hosting a webinar on Wednesday, January 24th at 1:00 p.m. EST. Â Note: There was a prior webinar on October 11th, 2012. Â The slides from that presentation are hereÂ (very large PPT file) and a transcript is available here.
There are additional help resources available here. Â
Note: Â Not every credit union will receive a form. Â But, be sure to check with folks and see if your CU has and make sure it is completed by February 12th.Â
There are also numerous other webinars and webcasts this week. Â
NCUA Webinar on Serving Low-Income Members. Â NCUA is hosting a free webinar on Strategic Issues for Servicing Low-Income Members. Â This webinar is Wednesday, January 23rd at 2 p.m. EST. Â If your credit union recently received your low-income designation, this might be a useful webinar. Â Here is from the announcement:
"Staff from [NCUA's] OSCUI and NCUAÃ¢ÂÂs Office of Consumer Protection will discuss ways low-income designated credit unions may improve and increase service to low-income members. In addition, the staff will present sample products and services designed to meet the needs of these members."
You can register here.Â
NCUA HMDA Webinar. Â NCUA will also be offering a free webinar entitled HMDA: Accuracy and Timeliness.
NCUA also recently issued Regulatory Alert 13-2 which highlights the March 1, 2013 deadline for submitting HMDA data. Â Earlier, they had sent Regulatory Alert 13-1 which discusses the $42 million asset threshold for 2013 HMDA reporting.
Does anyone know how these Regulatory Alerts are delivered? Â Why don't they go through NCUA Express?Â Another one they buried on their website was Regulatory Alert 12-4 on the CFPB's Remittance Rule.Â
Upcoming NAFCU Webcasts. Â NAFCU will be offering a very full slate of webcasts in 2013. Â And, you can be assured that quite a few will be focusing on compliance - especially the new mortgage requirements. Â Below are our next couple webcasts:
- The CFPB's International Remittance Transfer Disclosure RulesÂ - Thursday, January 24th from 2:00 - 3:30 p.m. EST. Â Mary Lou HeighesÂ will walk attendees through the final rule as well as aspects of the proposed rule that you need to know. Â Mary-Lou has been very involved in the remittance transfer rule from the start and gave a great presentation at our Compliance Seminar in October. Â And, because of the importance of this rule - we are extending the early-bird registration price indefinitely. Â You can sign-up for this webcast any time and receive the early-bird price. Â
Remember: All of NAFCU's webcasts are available on-demand as well. Â If you can't make the live webcast (perhaps because you need to watch the HMDA webinar or the Census webinar live), you can always watch the on-demand webcast at a later date.
- Top HR Compliance Issues Affecting Credit Unions in 2013Â - Wednesday, February 6th from 2:00 - 3:30 p.m. EST. Â Margaret Fiester from the Society of Human Resource Management (SHRM) will discuss how credit unions will be impacted by various future reforms - including tax reform and health care reform. Â Register by January 30th to Save $100. Â
NCCOs: Â Both of the webcasts above will earn credits toward renewing your NAFCU Certified Compliance Officer (NCCO) designation. Â If you see this logo -Â Â -Â you'll be sure the webcast will be offering NCCO credits.
New NCCO Affidavit Process:Â We also have a new, streamlined NCCO affidavit. Â You can find theÂ fillable-form located here. Â If you are an NCCO and attend a NAFCU webcast with this symbol -Â Â - be sure to use this form. Â Â