2009 Regulatory Alerts

• Credit card and open end lending regulations action alert
• Fed Reserve Board issues interim final rule under the Credit Card Act
• Credit Card Bill Signed by Obama
• FASB to address Mark-to-Market issues
• Examiner Guidance - CU SIP

• Red Flags Update
• 1. FBI Notice; and 2. Red Flags
• IRS increases activity on UBIT
• Fraudulent "Deposit Acceleration" Letter

• Split Dollar Life Insurance Plans
• OFR Order on NCUA Investment Programs

• OFAC Issues Guidance on Checking Account Beneficiaries

• USA PATRIOT Act