Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
California DFI eliminating hard copy exam reports
SACRAMENTO, Calif. (1/14/13)--California's Department of Financial Institutions is eliminating hard copy examination reports, it told the state-chartered credit unions and banks it regulates.

In 2013, credit unions and banks' examination reports will be delivered in a PDF format by secure e-mail to the institution and  the federal regulator (Monthly Bulletin Jan. 11). Paper copies will not be saved in DFI's file system or mailed.

"It is expected that this move will reduce the department's paper and postage costs and the need for file storage space," DFI said. It also means that the licensees and their federal regulators would get the reports sooner than if the reports were sent by postal mail.


RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
6 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
8 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
11 hours ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
11 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
13 hours ago