Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 1100 - Division of Credit Unions
Chapter 2 - State-Chartered Credit Unions
Section 20 CSR 1100-2.230 - Security Program, Report of Crime and Catastrophic Act and Bank Secrecy Act Compliance: Federal Insurance Requirements
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule is to serve as a reminder of the requirement for all federally-insured credit unions regarding the areas noted in the title of this rule.
(1) As a result of being federally insured, all Missouri state-chartered credit unions are required to follow the requirements in Part 748 of the National Credit Union Administration's Rules and Regulations which cover a credit union's security program, report of crimes and catastrophic acts and Bank Secrecy Act compliance.
(2) Part 741 of the National Credit Union Administration's Rules and Regulations details the federal rules and regulations that also apply to all state-chartered, federally-insured credit unions.
*Original authority: 370.362, RSMo 1991.
