The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) recently published a final rule formalizing new and existing customer due diligence (“CDD”) requirements under the Bank Secrecy Act (“BSA”), which became effective July 11, 2016. Credit unions must be in full compliance by May 18, 2018.
1807 W. Diehl Road
P.O. Box 3107
Naperville, IL 60566-7107
Toll Free: 800.942.7124
Local: 630.983.3400
Fax: 630.983.4284
Directions
225 S College
Suite 200
Springfield, IL 62704
Local: 217.744.1800
Fax: 217.744.2527
Parking Information
We, as the financial support system of credit unions, are committed to the "people helping people" concept of credit unions as cooperative financial institutions. Our purpose is to provide credit unions with a favorable operating environment and quality information, products and services which have value, and which enable credit unions to exist, compete and prosper in the financial marketplace.
