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Compliance Specific News & Resources for GoWest Credit Unions
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Compliance Newsletter

COMPLIANCE HEADLINES

Consumer Financial Protection Bureau (CFPB) 


CFPB Offers Regulatory Relief for Small Loan Providers 


The CFPB has announced that with regards to the payday lending rule, it will not prioritize enforcement or supervision actions associated with the Payment Withdrawal provisions and the Payment Disclosure provisions. The Bureau will instead keep its enforcement and supervision resources focused on pressing threats to consumers, particularly servicemen and veterans.  


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Financial Institutions Examination Council (FFIEC) 


2024 HMDA Data on Mortgage Lending Now Available 


The 2024 Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data is now available. With 4,898 HMDA filers for 2024, the published data contains loan-level information filed by financial institutions and modified to protect consumer privacy. This information can be found on the FFIEC’s HMDA Platform here.  



League InfoSight Highlight



On March 31, 2025, together with its League/Association partners, League InfoSight launched InfoSight360! This interconnected system is designed to provide the credit union with a 360-degree view of all resources and information available through the league, and brings together League InfoSight’s three flagship products, InfoSight, CU PolicyPro, and RecoveryPro into a unified platform and single sign-on. At the heart of the groundbreaking new platform is the artificial intelligence-enhanced search functionality. This advanced feature redefines compliance resources by intelligently analyzing all available content within the combined products, ensuring users receive accurate and comprehensive answers to their compliance questions within seconds, all derived from carefully reviewed and vetted content in a secure environment. 

  

Have you had a chance to login and check it out yet? Find your credit union in the dropdown menu here: https://www.InfoSight360.com 

  

If your credit union isn’t in the dropdown menu, please reach out to us at 360support@infosight360.com

  

If your credit union is listed, try accessing using your CU PolicyPro/RecoveryPro password! If you didn’t have access to CU PolicyPro/RecoveryPro, try using the “reset password” option. Any issues, reach out to us at 360support@infosight360.com

  

We look forward to continuing to evolve and improve the system throughout the year, and for years to come! Thanks for all your support and kind words as we continue to tackle this huge journey together! 

  

Glory LeDu 

CEO, League InfoSight & CU Risk Intelligence 



ARTICLES OF INTEREST


Remember UDAP before UDAAP? 


SCAM UPDATES


Parents: Talking to your kids about text scams 


Protect yourself (and your money) from scammers this Financial Literacy Month 



COMPLIANCE CALENDAR

June 15, 2025: CFPB – Prohibition on Creditors and CRAs Concerning Medical Information (Regulation V) 


July 1, 2025: CFPB and FRB – Reg CC Threshold Adjustments 


July 18, 2025: CFPB – Small Business Lending Data – ECOA 


Oct. 1, 2025: Quality Control Standards AVMs 


Oct. 1, 2025: CFPB: Overdraft Lending: Very Large Financial Institutions (Over $10 billion) 


Dec. 30, 2025: CFPB: Overdraft Lending: Very Large Financial Institutions (Over $10 billion)


Jan. 1, 2026: NCUA – Succession Planning Effective Date


March 1, 2026: CFPB: Residential Property Assessed Clean Energy Financing (Reg Z) 


April 1, 2026:<> Compliance Date – CFPB Personal Financial Data Rights for Credit Union’s over $10 billion in assets 


June 19, 2026: NACHA – Fraud Return Reason Code


Dec. 12, 2026:<> NCUA Simplification of Share Insurance Effective Date 


TOOLS & RESOURCES

Effective Dates
Bulletins & Alerts
Webinar Calendar
AffirmX and GoWest Partnership

Q&A OF THE WEEK

Can a credit union set up annuity accounts? 


Credit unions are not in the business of insurance so a credit union cannot offer an annuity on its own.  However, the credit may work with an annuity provider (some type of insurance firm) as a way to provide your members with information about investment services. 

For your individualized login, select your state below. 

Arizona
Colorado
Idaho
Oregon
Washington
Wyoming

If you have questions about this communication, contact us at 800.546.4465 or via our shared email inbox at compliance@gowest.org.

Have a great weekend!

Your GoWest Compliance Team, 

David Curtis

CUCE

Director, Compliance Services
P: 206.340.4785

Tiarra Sanders-Hausa

NCCO

Manager, Compliance Services

P: 206.618.9302

Copyright © 2025 GoWest Credit Union Association. All Rights Reserved.

Mailing Address:
GoWest Credit Union Association, 18000 International Blvd Ste. 1102, SeaTac, WA 98188, United States
1.800.995.9064

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