This release applies to all credit unions, state and federal. It lists recurring compliance obligations and deadlines credit unions must comply with, often annually.
This ii Release lists recurring compliance obligations and deadlines credit unions must comply with. This list is not necessarily exhaustive, but it may help credit unions schedule tasks that could be overlooked.
This release does not include:
- Employment-related notices, disclosures, and so forth. For guidance on recurring HR compliance obligations, consult the credit union’s employment attorney.
- Tax-related reporting requirements, which are summarized in The League’s ii Release No. 0130.
The release lists certain policies that regulators explicitly require credit unions to review periodically, but credit unions should schedule reviews for all their other policies, as well, to ensure that they are kept up-to-date. For guidance on required and recommended credit union policies, please see The League’s ii Release No. 0191.