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CU Broadcast Features NCUA Emergency Management Specialist on CUs and Catastrophic Events
Tuesday, February 7, 2017 6:45 AM

Blizzards, floods, hurricanes, earthquakes, fires, and more. Credit unions can be affected by these natural disasters in some form or fashion, and when catastrophic events occur, timing is crucial to help businesses get back up and running.

Last September, the National Credit Union Administration introduced an Incident Management System that automates many of the old, time-consuming manual tasks. This enhanced automation can transform NCUA's disaster recovery response time from days to hours, which is beneficial to credit unions looking for much-needed information.

To get a better understanding of how this new system works and benefits credit unions, CU Broadcast talk-show host Mike Lawson invited former United States Marine and NCUA Emergency Management Specialist Ben Cates onto his program. Cates explained the genesis of the new and improved system, how it answers credit union pain points with their disaster recovery efforts, and the tool's future plans.

You can check it out here.