Compliance Monitor

Monthly Credit Union Compliance Enewsletter

NAFCU's Compliance Monitor is a NAFCU member-only monthly enewsletter designed to help credit union compliance officers manage their regulatory compliance responsibilities.

The November 2020 issue is available now!

In This Issue

Featured Articles

Protect Your Assets: A Discussion of Fidelity Bond Coverage:
A fidelity bond can protect a credit union from losses due to theft, embezzlement, and other misconduct. This article tackles some frequently asked questions regarding NCUA”s rule on fidelity bond coverage, including: what activities should be covered, how much coverage a credit union should obtain, and what roles the board of directors and credit union management play in selection and maintenance of the fidelity bond.
Read More

Worth Noting

The CFPB finalized changes to debt collection rules. Learn what this means for credit unions and where to find additional resources on the rule.
Read More

News Snippets

ICYMI – a summary round-up of recent financial regulator activity
Read More

Recent Q&As

To what extent can the board delegate approval of charge-offs? Is board involvement required in evaluating and overseeing third-party relationships?
Read this month's Q&As

Compliance Calendar

Important upcoming dates and deadlines for credit union regulatory compliance requirements.
Download  Compliance Calendar

Compliance Education

Stay on top of critical credit union compliance, risk and BSA trends and best practices with NAFCU  webinars, certifications and conferences.
View compliance education opportunities

Looking for archived issues? You can view archived issues of the Compliance Monitor online.

Not subscribed? Staff and volunteers of NAFCU member credit unions can subscribe online through their NAFCU website account.