This Opinion piece offers specifics on how credit unions can better prepare for disaster recovery and enhance their regulatory compliance.
A trusted disaster recovery plan not only ensures credit unions that their data will be safe should a system failure occur, Federal Financial Institutions Examination Council examination guidelines require financial institutions to have one in place.
The post Hurricane Sandy lessons learned keep coming in as it becomes plain that some credit unions had woefully inadequate disaster recovery and business continuity plans, but other institutions kept operating despite the devastation that hit much of New Jersey and New York City.
One loud take-away from Sandy: Every credit union needs a disaster recovery plan. Check out this preview from next week's print edition.
CUNA Mutual Group activates disaster team as late season hurricane makes menacing move toward Mid-Atlantic, Northeast states.
Matt Gerber said he’s gotten a lot of calls lately from credit unions with an immediate need they haven’t had before. The examiners are coming and his clients need to prove they have their heads in the clouds.
HarborOne Credit Union, Brockton, Mass., announced the addition of Barbara Graveline to its residential mortgage team. Graveline is responsible for the