RSS
Icon Icon Icon
Forgot your password?
Home » Due Diligence: Keep Members, Regulators Happy
Subscribe Now

Operations

Due Diligence: Keep Members, Regulators Happy

November 01, 2006
Comments (0)

/ PRINT / ShareShare / Text Size +
Larger Smaller
[X]
Due Diligence: Keep Members, Regulators Happy November 1, 2006 By Norine Richards The National Credit Union Administration (NCUA) often repeats the "due diligence" theme in regulations, letters to federally insured credit unions, and examiner questionnaires. These eight steps incorporate the points in NCUA's 2001 letter regarding due diligence in selecting...
To view the full article, or subscribe to Credit Union Magazine.
February 2012

Credit Union Magazine

Access the February digital edition

February 2012

Salary trends How do your staff salaries stack up? Find out now.

What's Popular

Popular Stories

Four Top Fraud Threats—and How to Fight Them

Give Board Engagement a Boost

Education Helps CUs Connect With Hispanic Members

Pickin' and Grinnin'

New Realities Shape Today’s Appraisals

Recent Discussion

I am Marketing Director for a NC credit union. Would you be willing to share your information on your pay day loans?

Thanks for the good memories about Stasia. She was unusual, that's for sure. But she did have a lot to teach us.

Good that someone is making people aware that economic recovery is intimately linked with the availability of health insurance. Older persons who put off retirement till they get medicare hold on to jobs younger persons need. Younger persons who might wish to start their own businesses are discouraged from that because they can't get affordable health insurance.

Not only is this piece entertaining, it has a message we can all use. The doggy references throughout work well to tie divergent ideas together.

Lora, Great post--and so very true. Too many credit unions are indeed risk averse. But your credit union doesn't try (something new), it will die. Could your credit union take a risk and fail? Absolutely. But you are also taking a risk by doing nothing. Risks your credit union should consider in 2012 are: loans to underserved, reaching a minority group, investing in branding, opening a new branch or launching a new product. All those things are risky. But if you aren't failing every now and then, then you really aren't growing. Mark

heroes

Your Say: Does Your CU Use Social Media for Collections?

See Poll Results Poll Archive

CUNAverse

Connect with us!

| Twitter | Facebook |  

  

RSS