Compliance for Credit Unions
Since the late1800's, credit unions have provided their members with an alternative to traditional banks. You give your members the tools to build their own economic wealth and independence while at the same time granting them ownership in your institution. Your philosophy and organization are geared toward providing the highest level of service to your members. Providing this type of detailed service while still protecting your members' information and privacy can be a challenge. In addition, you've got to shield yourself from fraud or other types of criminal activity which have become more sophisticated with the advancement of technology. No matter how many members you have, Robriges' winning combination of technical and regulatory compliance expertise offers you the tools to continue providing a higher level of service to your members while managing your compliance obligations.
Robrige understands the challenge that ever changing and expanding regulations present to credit unions. Our experts monitor these changes to ensure we offer the most up-to-date and cost effective solutions for maintaining your compliance with OFAC, the USA PATRIOT Act, the Gramm-Leach-Bliley Act, the Red Flag Rules, Regulations CC and E, and more. We want you to be able to focus on the members of your organization. And our focus is on you. Just as you are an advisor to your members for all their banking needs, Robrige is your advisor for all your compliance needs.
If you manage a credit union, is an electronic information or banking system employed as part of your business? If "yes" applies to one or both, National Credit Union Administration (NCUA) standards of compliance, as well as standard finance industry regulations like FFIEC, GLBA, and Sarbanes-Oxley, apply to your business. And, as online banking and electronic information systems are growing in usage, all standards have guidelines for information technology, including regular assessments and security strategies and solutions.
Is your credit union compliant? Being exposed to outside attacks essentially results in compromised company and customer data and potentially stolen funds, lawsuits, and identity thefts. Rather than take such a risk, know your credit union is secure and compliant with one of Robrige's comprehensive network assessments.