risk management tool

• Senate Gives CUs the Cold Shoulder

  By Heather Anderson  |  April 3, 2013

  Credit union trade associations shrugged off a 2014 budget amendment passed by the Senate March 22 that would “establish a deficit-neutral reserve fund to address the disproportionate regulatory burdens on community banks,” according to a release from sponsor Sen. John Boozman (R-Ark.).

• Budget Amendment Would Stop the Funneling of G-Fees to Deficit

  By Heather Anderson  |  March 25, 2013

  NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.

• The Control Self-Assessment Process: Proactive Versus Reactive Risk Management

  By Tom Hinkel  |  June 12, 2012

  Properly implemented, the CSA process is an extremely effective risk management tool that can help auditors, examiners and the credit union with the compliance burden.

• NAFCU Wants Tweaks in NCUA’s Proposed Derivatives Rules

  By Robert McGarvey  |  August 24, 2011

  Trade group also indicates "strong support" for agency's efforts to find ways for credit unions to use the investment tools.

• Auto Coverage Is Expanded

  September 22, 2010

  A new deal from Open Lending Inc. will allow it to become the insurance provider for a program that provides default insurance coverage for credit union auto loans.

• Texas Firm, AmTrust Expand CU Auto Coverage Program

  By Michelle A. Samaad  |  March 5, 2010

  Open Lending Inc. has inked a deal with AmTrust Financial Services Inc. to become the insurance provider for a program that provides default insurance coverage for credit union auto loans.