What Credit Unions Can Learn from Morris Plan Banks
Chip Filson contemplates the old Morris Plan Bank model, its history, its eventual downfall, and why credit unions purchasing banks might be following in its flawed footsteps.
Tips for Managing Your Next CUSO Examination
CUSO examinations, while less frequent than credit union examinations, are no less stressful or thorough. Patrick Sickels advises on how best to prepare yourself and your staff ahead of time for an audit to make sure you pass with flying colors.
The Key to Creating a Good Risk Assessment
A good risk assessment is essential for determining your credit union’s current risk status and if additional loss mitigation controls are needed. So how do you go about creating one? Jim Vilker offers advice on the process.
Cybersecurity: Tips from Experts
Julie Gessner interviews a panel of cybersecurity experts to get answers to some of your biggest questions and discusses what steps you can take to protect your credit union and your members.
Differentiating Types of Malware
As part of October’s cybersecurity month, Keegan Krajniak delves into the different types of malware and the various ways they work to get your members’ information.
Understanding Contract Terms and Risk Assessments
Patrick Sickels provides a look into contract terms that credit unions should watch out for and understand before signing on the dotted line.
Creating a Tried-and-True Training Program
There’s no one perfect method for developing a great training program, but Sarah Ashby has created a tried-and-true system to make sure you have all your bases covered.
Be a Crime Fighter By Writing Compelling Suspicious Activity Reports
Filling out a suspicious activity report may seem tedious, but one filled out well can make all the difference in law enforcement cracking the case, say Keri Lillie and Heather Williams of Lillie and Company.
What Is a SOC Report and Why Do You Need One? (Hint: Don’t Put It in the Laundry!)
Christen Lipschutz breaks down the various SOC reports, what’s in them, and how they can be beneficial for your credit union.
Five Legal Trends To Be Aware Of
Internal Auditor Patrick Sickels details a few recent trends in litigation that credit unions should be on the lookout for, and how they can ensure they won’t be targeted.