Board Member Liability in an Age of Litigation Part 2: Insurance and Fraud Prevention
In the second part of his educational series on board member liability, Patrick Sickels discusses insurance coverage that can protect a board, and the issues that can arise when the board isn’t ensuring a strong supervisory committee.
Why Fraud Happens
Employee fraud is unfortunately all too common in the credit union industry. But why does it happen? Auditing and compliance expert Marvin Johnson gives some background on the psychology of fraud so we can better prevent it.
Board Member Liability in an Age of Litigation Part 1: Duties and Case Studies
In a time of growing legal pressure for credit union board members, Patrick Sickels covers the most important legal requirements and case study examples in this two part series.
Community Pulls Together to Stuff the Bus – and Sets a Record
Dozens of businesses and community organizations, including CU*Answers’ Communi7y Crew, recently pulled together to raise school supplies for the annual Stuff the Bus event, and set a new record.
The Challenges and Solutions to Recruiting in an Employee’s Market
Recruiting and retaining talent can be extremely challenging in a low unemployment market. Amber Overla looks into what are the biggest challenges facing human resources teams and what they can focus on in recruiting to find and retain great employees.
The Seven Cooperative Principles: a Primer
Do you know what the 7 Cooperative Principles are? Julie Gessner shares some insights from a recent conference and explains how important it is for credit unions to stay attuned to them.
What We Learned at RSA: The Big Business of Cybercrime
CU*Answers technical and compliance experts Dave Wordhouse and Patrick Sickels recently attended the RSA Conference to learn about the biggest cybersecurity threats facing credit unions today. In this first of a series, they take a look at the big business that is cybercrime, and the individuals responsible for some of the biggest cyber breaches.
What About the Owner’s Voice?
What’s the Owner’s Voice and why is it important to the software development process at CU*Answers? EVP of Software Development Brian Maurer explains how it came about, how it works, and why it’s a key part of the cooperative’s strategy.
CUSO Basics: What They Are and How They Help
In this new series called “CUSO Basics”, Bob Frizzle introduces you to the nitty gritty details that make CUSOs what they are. What’s the ownership model? Why are patronage and investment important? Why start a CUSO? Read to find out!
A History of Credit Unions Part 5: Where We Are Today
The conclusion of our five-part history of credit unions takes us to a head-to-head confrontation with the banking industry in the 90s and the impact of the Great Recession on credit unions.