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IT overview for board may range from training and testing to safeguards, security zones and vendor management
TRID, overdraft, TCPA, the new CUSO registry are things to watch. There’s actually some good news when it comes to annual privacy notices.
A template of items one CEO shares regularly.
From ALM to Reg Z, attorney takes inventory of 53 guidelines (up from 41 in 2011) that directors must set for their CUs.
Boards can benefit from knowing the best practices C-level executives typically apply when the regulators are coming.
A board is charged with ensuring a CU’s compliance with applicable laws and regulations, as well its safety and soundness. Here are four key things to think about this year.
John Bugalla provided attendees of the CUES School of Risk Management with this questionnaire, designed to help boards and CEOs generate the right kind of discussion to develop a statement of the CU’s risk tolerance.
What best practices can you apply to governing information technology threats at your credit union?
The board must, through proactive guidance and ongoing follow-up, ensure the management team fulfills the credit union’s compliance obligations. Here are six areas to focus on this year, courtesy of the Consumer Financial Protection Bureau.
This article describes the history of CFPB, some reasons why credit unions fear CFPB, and the burden that comes with its formation. Part two of this two-part series takes a look at the agency’s structure, plus experts’ concern that CFPB is not charged with considering the safety and soundness of financial institutions as it promotes actions designed to protect consumers. Both articles were adapted from a longer feature that first ran in CUES’ Credit Union Management magazine.
In part one of this two-part series we discussed the history of CFPB, some reasons why credit unions fear CFPB, and the burden that comes with its formation. Part two takes a look at the agency’s structure, plus experts’ concern that CFPB is not charged with considering the safety and soundness of financial institutions as it promotes actions designed to protect consumers. Both articles were adapted from a longer feature that first ran in Credit Union Management magazine.
High-performing credit unions are expanding the supervisory committee role beyond financial controls and external audit to a more expansive look at the risks of an enterprise.
Directors play a key role in responding to examiners if they take disciplinary steps against a credit union they think is not operating as it should.
5 requirements that deserve your board’s attention.
Fully disclosed courtesy pay programs can help credit unions serve members and their own bottom lines.