This Opinion piece covers eight steps to preparing for a better IT exam.
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.
Compliance specialist says documentation, "or lack thereof", has dominated IT examination findings, but automation can help.
It’s not just about your assets. While the NCUA and state regulators certainly care about the raw numbers of credit unions, they are putting more emphasis on scrutinizing how credit unions are run. In other words, the "M" in CAMEL is getting the spotlight.