ViClarity Compliance Update

Q3 Town Hall; Trump Accounts coming in 2026 smart move? Plus, tackling compliance overload and Nacha audit alerts.

The Dakota Credit Union Association’s dues-supported compliance solution –  ViClarity – is a world leader in credit union compliance. To read the complete articles/answers that are linked, you will need to log in with your username and password. If you have questions about establishing your members-only account with ViClarity, click here for detailed instructions or contact DakCU's John Alexander.​ 

Q3 2025 Town Hall Webinar - Building Leadership Resilience: A Step-by-Step Succession Planning Workshop
Sep 24, 2025 01:00 PM CST / 12:00 PM MST 
Leadership continuity is a vital component of credit union resilience. With the NCUA’s succession planning rule going into effect January 1, 2026, federally insured credit unions must adopt and maintain a formal succession plan covering key leadership positions.
 
This focused town hall workshop will provide practical, step-by-step guidance on building a compliant plan, assessing leadership gaps, preparing for both emergency and planned transitions, and aligning succession with your credit union's long-term strategy. Join us for this session and leave with actionable tools to strengthen your governance and exam-readiness, because strong leadership keeps your mission moving forward — even through change. Register here. 

The $1,000 Question: Are Trump Accounts a Smart Move for Credit Unions?
The Big Beautiful Bill signed into law by President Trump on July 4, 2025, contained hundreds of provisions including the creation of what is dubbed as the soon availability of Trump Accounts (accounts). Although with its own distinct parameters, the accounts at core design resemble existing products such as Roth IRAs and 529 plans, and credit unions can begin offering these accounts beginning January 1, 2026. The new accounts have received both praise and criticism from the media, politicians, and financial planners, and while the initiative is still in its initial stages, it is expected the US Treasury Department and IRS will soon issue guidance. Here is what we know for now. 

Compliance Overload: How Risk Assessments & Institution Priorities Can Help Focus Resources
You have your audit budget… now what? In the last newsletter we discussed how budget planning can affect your credit union’s audit program and how to allocate your resources. Without establishing a focus on the risks your credit union faces and possible weak points, credit unions can easily fall into the trap of “compliance overload”. Read more here. 

Show Me the Audit: Nacha Cracks Down on Proof of Compliance
On June 16, 2025, Nacha placed financial institutions (FIs) on high alert of a new enforcement approach via their blog. The bottom line is credit unions must regularly update Nacha’s Risk Management Portal (portal) administrators and be ready to share proof of an audit on demand. Based on our experience at ViClarity, some FIs have rarely, if ever, received such requests to show proof of an ACH audit directly from Nacha. We also often find contact information for administrators in the portal is not current or reflective of actual points of contact for ACH operations in a credit union. Beginning in the third quarter of 2025, Nacha anticipates a 460% increase in requests because of automation! Learn more here.