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News Now

Washington
CUNA launches monthly compliance wrap up
WASHINGTON (2/3/12)--The Credit Union National Association's (CUNA) compliance team Thursday launched the first edition of its new compliance tool for credit unions--a monthly summary of vital compliance issues--all drawn from CUNA's highly followed CompBlog.

The monthly updates will provide a snapshot of major compliance issues, effective dates, and key questions that have been addressed in the CompBlog.  They are intended to supplement CUNA's daily compliance blog postings.

CUNA Senior Vice President or Compliance Kathy Thompson explains the monthly compilation's creation this way: "So many people--including CEOs of smaller credit unions--continue to tell us that,

while they love the blog, they still miss the dearly departed Compliance Challenge that gave them a monthly overview of key developments."

Some months, Thompson said, the summary will start with a few compliance-related inquiries that senior management may want to ask staff. And to entice readers to continue to read the daily blog,

CUNA will be launching, via the blog, the 2012 "Compie Award" nominations--called by Thompson "the compliance world's answer to Hollywood's Oscars."

Both the daily blog and the monthly summary formats are intended to help readers quickly scan what's happening that may impact operations.

CUNA's compliance experts can always be reached at cucomply@cuna.com for compliance questions or comments on how they can better serve readers.


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