ViClarity Compliance Update

​Stay current with the latest ViClarity compliance updates, including Customer Identification Program reviews, regulatory guidance, lending practices, and CFPB developments affecting credit unions.

July 2026 - Q&A: Part 2: Customer Identification Program Review
At ViClarity, we’re committed to providing our credit union clients with practical regulatory guidance that can be used to assess and improve their practices. Building upon our recent coverage of recent Executive Order 14406, “Restoring Integrity to America’s Financial System”, we wanted to highlight these issues that continue to affect credit unions. Paired with the rapid issuance of an advisory detailing the risks associated with noncitizens and the NCUA’s current regulatory shifts, we recommend credit unions reexamine their Customer Identification practices. We seek to provide best practices along with other insights from around the industry. This is an area subject to change rapidly — be sure to contact us through your league’s compliance hotline for the most recent information! Click here for the full article.

Remix! CFPB To Publish RFI For Credit Card Late Fees
Sometimes a remix is better than the original. With the Consumer Financial Protection Bureau’s (CFPB) potential revisit of credit card late fees, that is probably not the case. Read the full article here.

NCUA, OCC, and FDIC Publish Joint Guidance on Lending Practices for Non-Residents
Recently, the National Credit Union Administration (NCUA), in conjunction with Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), published joint guidance meant to address the requirements of Executive Order 14406: “Restoring Integrity to America’s Financial System.” Read more now.

Grit: Consistent Demonstrations of Credit Union Excellence
Merriam-Webster’s Dictionary defines grit as “firmness of mind or spirit; unyielding courage in the face of hardship or danger.” In an industry that has faced changing regulatory requirements, a marked shift towards deregulation, and varying risk considerations, credit unions have shown just that. Read on here.

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 George McDonald.