Current Issues in Credit Unions Episode 4.

This month on CIiCU, Gigi Hyland, Board Member of the National Credit Union Administration and Gary Kohn, Senior Policy Advisor of the NCUA joined us as our guests.  Here are this month's topics:

1. CUNA has recently asked the NCUA for more guidance on filing SAR reports.  Informally speaking, when should a credit union NOT file a SAR?  (00:56)
2. Keeping with the BSA topics, how are credit unions handling the requirement to monitor structured transactions?  Should credit unions invest in software to do this?  What else should credit unions be aware of with respect to structured transactions and other CTR and SAR events?  (13:26)
3. Should more credit unions be looking at TIPs to expand their fields of membership?  (22:27)
4. Discussion of:  "We have met the enemy and it is us."  (Guy Messick's recent article in Credit Union Times).  (28:10)
5. What are the major future legal challenges that credit unions may face in the next five to ten years?  (34:26)

The CIiCU hosts are:

Brian Witt
Member
Farleigh Witt,
Attorneys at Law
121 SW Morrison Street, Suite 600
Portland, Oregon 97204
Telephone: [phone]
Fax: [phone]
http://www.farleighwitt.com

Guy Messick
Member
Messick & Weber P.C.
The Madison Building, 108 Chesley Drive
Media, Pennsylvania 19063-1712
Telephone: [phone]
Fax: [phone]
http://www.cusolaw.com

Gwen Baker
Of Counsel
Venable LLP
575 7th Street, NW
Washington, District of Columbia 20004
[phone]
[phone] (fax)
http://www.venable.com

Robert Rutkowski
Shareholder
Weltman, Weinberg & Reis Co., L.P.A.
323 W. Lakeside Avenue, Suite 200
Cleveland, Ohio 44113
Telephone: [phone]
Fax: [phone]
http://www.weltman.com

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