Topic: Disaster Recovery
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NCUA: Disaster Preparedness
Member deposits at federally insured credit unions remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000, and […]
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NCUA warns that CUs of all sizes at risk for imminent cyberattacks
NEWS: The U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) has recently issued two alerts addressing risks from Russian State-Sponsored cyber threats and highlighting recent malicious cyber incidents suffered […]
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Supreme Court halts COVID-19 vaccine rules for large employers
NEWS: The Supreme Court has granted a stay that stops the Occupational Safety and Health Administration (OSHA) from enforcing a requirement that employees at large businesses – those with 100 […]
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OSHA vaccine mandate stayed for now, but continued planning may be prudent
NEWS: Earlier this month, the federal Occupational Safety and Health Administration (OSHA) published its “emergency temporary standard” (ETS), setting new COVID-19 vaccination and testing mandates for businesses with 100 or more […]
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CUNA analysis: Share insurance does not trigger mandatory vaccinations at credit unions
ANALYSIS: A CUNA legal analysis finds that financial institutions are not federal contractors, by virtue of their federal share or deposit insurance, for purposes of: President Biden’s Executive Order 14042: “Executive […]
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New WCUL loan modification form helps lower rates without redisclosure
NEWS: The League is offering a new form for sale, the Loan Modification Agreement – Interest Rate and Payment Reduction, WCUL #83003 (Rev. 5/20). It allows the credit union and borrowers to […]
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New loan modification agreement accommodates extensions, deferrals, or re-amortization of WCUL notes
NEWS: The League now offers a new Wisconsin Simple Interest Loan Modification Agreement (#83002) to replace its Simple Interest Deferral Agreement. The new form offers three different repayment structures, to meet […]
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DHS: Temporary Ban on Evictions and Foreclosures, Emergency Order #15 – Wisconsin Department of Health Services (DHS) (March 27, 2020)
Gov. Tony Evers directed Wisconsin Department of Health Services (DHS) Secretary-designee Andrea Palm to temporarily order the suspension of evictions and foreclosures amid the COVID-19 public health emergency. The order prohibits […]
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DHS: Safer at Home Order – Wisconsin Department of Health Services (DHS) (March 24, 2020)
Gov. Tony Evers directed Department of Health Services (DHS) Secretary-designee Andrea Palm to issue a Safer at Home order that prohibits all nonessential travel, with some exceptions as clarified and defined […]
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NCUA: Agencies Encourage Financial Institutions to Meet Financial Needs of Customers and Members Affected by Coronavirus (March 9, 2020)
Federal financial institution regulators and state regulators today encouraged financial institutions to meet the financial needs of customers and members affected by the coronavirus. The agencies recognize the potential impact […]