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ALEXANDRIA, Va.—NCUA has published a new supervisory letter (SL-18-01) that addresses compliance with the new Bank Secrecy Act (BSA) customer due diligence (CDC) and beneficial ownership rules.

WASHINGTON—The Bureau of Consumer Financial Protection has issued a rule to implement and clarify the requirements of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) pertaining to the Home Mortgage Disclosure Act (HMDA).

COLUMBUS, Ohio—Corporate One Federal Credit Union has announced a new president and CEO. Melissa A. Ashley has been named to lead the organization, succeeding the retiring Lee C. Butke.

SACRAMENTO, Calif.–A former executive of the NBA’s Sacramento Kings is suspected of siphoning off $13.4 million from two of the team’s top sponsors, including The Golden 1 Credit Union.

OCALA, Fla.–Ocala Community Credit Union is preparing to open its second branch on Marion Oaks Blvd. here.

GRAND RAPIDS, Mich.–Kent County Credit Union has joined Xtend’s Member Reach communications program.

WASHINGTON–NCUA should raise the assets threshold for its extended exam cycle to $3 billion, CUNA said in a comment letter. Doing so would bring parity to credit unions with banks, which recently saw an increase in the assets threshold to that level as part of the recently enacted regulatory relief bill, S. 2155.

NEW YORK CITY -- Municipal Credit Union (MCU) members and staff teamed up with the New York Police Department and members of its youth Law Enforcement Explorers program at Jackie Robinson Park and Playground in Bedford-Stuyvesant to volunteer and celebrate their neighborhood park and public spaces as part of NYC Parks’ It’s My Park program.

RALEIGH, N.C.--Coastal CU's Priscilla Awkard has been elected President of the Southern Regional Chapter of the African American Credit Union Coalition (AACUC).

It’s a day that songs, clichés and poets all say isn’t supposed to arrive, yet for one group of innovative credit unions, “Tomorrow” more than arrived, it lasted for two-and-a-half terrific, idea-sharing, best-practice-learning, growth-oriented, exciting days.