The latest edition of the ViClarity Newsletter is now available. ViClarity, a benefit of League membership, is an award-winning RegTech solution tailored for your Governance, Risk and Compliance (GRC) needs. Please check your email or click here to access the newsletter using your email address and your California or Nevada Credit Union Leagues member-only password.

Inside this edition: 

• September Q+A
  
  
• CCPA Update: CCPA Employee and B2B Exemptions Expiring Jan. 1, 2023; Same Day When CPRA Goes into Effect
  Jan. 1, 2023 will be an important day for consumer privacy regulations and the entities they cover in California. As a reminder, the California Consumer Privacy Rights Act (CPRA) will go into effect.
  
  
• 2022 NCUA Community Development Revolving Loan Fund Awardees
  On Sept. 1, the NCUA published a list of the 2022 awardees of the Community Development Revolving Loan Fund grants.
  
  
• New Simplified CECL Tool for Credit Unions
  On Sept. 14, the NCUA issued a letter to federally insured credit unions regarding CECL implementation and a new simplified tool for smaller credit unions.
  
  
• Continued Growth for Credit Unions
  The NCUA released second quarter credit union system performance data that provides an overview of the financial performance of federally insured credit unions. The data collected is sourced from credit union reports to the NCUA in the 2022 second quarter call report and shows growth across numerous areas.
  
  

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