A Little of This; A Little of That
Posted by Anthony Demangone.
Here are a number of things that caught my eye recently:
- If you're credit union does "drawings" or other types of incentive-based marketing contests, please read this blog postingby Robert Rutkowski.  Good, good stuff. There are more compliance issues than meet the eye.
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Our paralegal, Shari Pogach, wrote a nice summary of a Federal Reserve study that examined violations by banks and thrifts in the areas of Regulations Z, B, DD (Truth in Savings), CC, E, and P (privacy). Available for members here, the article could serve as a simple auditing tool. Review the errors made by others to see how you measure up.
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Here's a good flood insurance update that I recently read.
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Our Book of Answers keeps being updated. NAFCU members can access the latest version here.
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NCUA has released the agenda for next week's board meeting. The only compliance related item will be a final rule concerning the "Official Sign." Access the agenda here.
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It is official. HUD has delayed enforcement of the "required use" provision from the RESPA final rule for 90 days. Access its Federal Register notice here.
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NAFCU's offices will be closed next Monday and Tuesday.  My goals are to finish assembling the twins' cribs and watch my Steelers win against Baltimore. I mentioned those goals to someone else earlier this week, and this is what following:
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Coworker: You should really enjoy the game this weekend.
Compliance Guy:Â I plan on it.
Coworker: I don't think you understand. This may be the last time you get to see the Steelers play in peace for the next 18 years. Once the twins come, forget about it.
Compliance Guy: (Blank stare.)
Coworker: You know that I'm serious, right? And that assumes they leave the house at age 18. It could be 20 years.
Compliance Guy: (Blank stare.)
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Have a great weekend, everyone! Even you Ravens' fans! Until Wednesday, stay warm!