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» Joette Colletts
Arrest Employee Embezzlement
Document and enforce a zero-tolerance fraud policy.
April 8, 2013
Most incidents stem from inadequate internal controls, inaccurate audits, lack of oversight, or abuse of authority.
No CU Is Immune From Employee Dishonesty
Effective risk oversight requires you to focus on all risks a CU faces, including embezzlement.
April 27, 2012
Many boards aren’t prepared for the financial and reputational impact of embezzlement. Whether your CU is large or small, employee dishonesty doesn't discriminate.
Risk Oversight Is Top Board Priority
Managing risk requires your board to consistently discuss ‘what if’ scenarios.
November 11, 2011
CU boards are under increasing pressure to practice effective risk oversight, says CUNA Mutual Group's Joette Colletts.
Credit Union Magazine
December 2013 digital edition
Making an Impact in Motown
League Presidents Pass the Torch
Survey: Young Credit Card Users are Better Credit Risks
A Look Back With Jeff Post
Keep Member Data Safe
Good list of five, with room for a 6th, i.e., avoid cheerleaders as directors. When it comes time for a constructive critical thoughts to be raised by senior governance directors, cheerleaders add no value other than making themselves feel valuable because of 'feel good' fairy dust they want to sprinkle over everything said and everything done. That's not Governance, that's Cheerleading, and it requires a change of uniform and a change of title.
Great advice Barry! -Mary Ann Schlung Colorado Credit Union
I had the pleasure to attend this year conference. Josh was dynamic speaker. Love the "why" message.
Amen, Amen, Your financial well being has a lot to do with the time of your birth. I used to envie those guys at Employers Insurance who came home from WWII and stepped right into a growing economy full of opportunities. Never gave much thought tot he fact that their "opportunities" occurred because they had survived the Depression and hadn't been among those killed in action in the Great War. They wer, frankly, in short supply.
" We put members first by constantly seeking to anticipate, not react to, member needs and launching innovative programs before our members even know they want them." Reminds me of what Henry Ford said: "If I asked people what they wanted, they would have said faster horses."
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