The complexity of regulatory compliance takes a credit union away from what it does best.
The following Preferred Partners offer training and compliance solutions that make credit unions more efficient and allow them to get back to the business of helping members.
Vendor Management: Getting Started on a Systemic, Regulator-Friendly Program (Podcast)
Vendor management is much more than checking off a box
for the auditors, although meeting NCUA and other federal regulatory
requirements is the first reason you should have a comprehensive program in
place. The second reason is to ensure good business practices—contract
management, knowing how your vendors are protecting your interests, performance
reviews, and risk assessments—are being performed.