FFIEC issues new customer due diligence and beneficial ownership examination procedures

The Federal Financial Institutions Examination Council (FFIEC) today issued new examination procedures on the final rule, “Customer Due Diligence Requirements for Financial Institutions,” issued by the Financial Crimes Enforcement Network (FinCEN) on May 11, 2016. These examination procedures apply to banks, savings and loan associations, savings associations, credit unions, and branches, agencies, and representative offices […]

CUNA response to National Taxpayer’s Union letter on tax status

The National Taxpayers Union is urging the Senate Finance Committee to evaluate the tax-exempt status for large credit unions. Credit Union National Association followed up with this letter to clarify several falsehoods in their correspondence, specifically about credit unions mission and the statutory rationale for the credit union tax status. CUNA President/CEO Jim Nussle makes […]

Corporate One Top 8 Finalist in the 2018 PYMNTS.com Alexa Voice Challenge

Corporate One needs your vote! Corporate One has made it to the top eight as a finalist in the 2018 PYMNTS.com Alexa Voice Challenge. This is a contest to develop  new solutions to answer the question “Which payments and commerce opportunities will one’s own voice unlock for people, brands and the businesses that serve them?” […]

Whitman named head of The Infirmary FCU

Adena Whitman was recently named president/CEO of The Infirmary Federal Credit Union, a $19 million credit union in Mobile, AL, which serves the employees and family of the The Infirmary Health System. Whitman joins The Infirmary FCU after working as marketing and outreach director for Guadalupe Credit Union, a $163 million community credit union serving […]

CU Happenings – Feb. 16, 2018

Keys FCU honors employees for commitment to excellence Keys Federal Credit Union in the Florida Keys recently presented its 2017 President’s Award to Billy McClain and Desiree Perez, joint. It is the Credit Union’s most prestigious honor and recognizes an employee who has represented the best of Keys FCU values in the past year. Keys […]