Agencies Issue Joint Statement on BSA/AML Resource Sharing
in Compliance

FinCEN and the federal depository institution regulators issued a joint statement to address the benefits of financial institutions entering into collaborative arrangements to help manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively.

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MECU Awarded $875,000 Grant
in CU Community

MECU announced it was awarded a $875,000 grant from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to further invest in Baltimore’s underserved communities.

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