Risk Management & Compliance’s expert staff help your credit union identify, manage risk

Risk Management & Compliance, part of Credit Union Resources, offers complete risk management and compliance assessments as part of a flexible, outsourced program based on your credit union’s needs. Our team goes through extensive training and certification to discover your credit union’s areas of risk and find solutions that address specific weaknesses.

Risk Management
Our highly trained staff can conduct a comprehensive review of your credit union or perform individual risk assessments, focusing on:

• Bank Secrecy Act/Customer Identification Program/Office of Foreign Assets Control;
• Concentration risk;
• Fair Lending; and
• Fair and Accurate Credit Transactions Act red flag identity theft.

Compliance
Employee specialists can help your credit union by:

• Developing and reviewing policies;
• Creating, managing, and maintaining a compliance program;
• Monitoring and analyzing new and revised laws, regulations, and regulatory issues;
• Training staff and management on crucial regulatory issues; and
• Serving as your advocate with regulatory authorities.

Additional services
We can meet your credit union’s risk and compliance needs by:

• Verifying adherence to Safe Act requirements;
• Conducting a Website Compliance Review; and
• Performing due diligence for vendors and third-party service providers.

For more information about how Risk Management & Compliance can help your credit union, contact Steve Gibbs at 800-442-5762, ext. 6637 or sgibbs@curesources.coop.

About Credit Union Resources, Inc.
Credit Union Resources is a service corporation that provides industry-leading solutions and expertise to credit unions across the country. Credit Union Resources is a wholly owned subsidiary of the Cornerstone Credit Union League, a regional trade association representing the interests of credit unions in Arkansas, Oklahoma, and Texas.