Posts Tagged: Compliance

CU*Answers Publishes Third Article Critiquing NCUA’s Revised Risk Based Capital Rule

GRAND RAPIDS, MI – February 18, 2015 CU*Answers, a cooperative CUSO located in West Michigan, announced that is has published its third and final article critiquing the NCUA’s revised Risk Based Capital rule (RBC2). The article continues from part two of the three-part series by addressing the Rule from a legal approach. The article reviews […]

Red Flag Compliance in 4 Easy Steps

Once you understand the basic principle behind the Red Flags Rule, creating a written Indentity Theft Program becomes easier to achieve. Notice the operative word is ‘easier’, not easy.   We’ve discovered a website that offers valuable insight into designing an Identity Theft Compliance program of your own.  Based on a template developed by the FTC, […]

AuditLink Announces Successful First Year

AuditLink, a new division of West Michigan-based CUSO CU*Answers, announced a successful conclusion to the 2008 fiscal year, surpassing client growth expectations by 100%. CU*Answers says this unique division was created to assist credit unions utilizing its CU*BASE system in being better prepared to face growing daily compliance and internal auditing requirements. Daily monitoring […]