Credit unions everywhere are re-evaluating their relationships with corporates and other vendors with an intensity never before seen: Settlements, ACH providers, item processors, liquidity providers, business continuity consulting, marketing advice. My suggestion: BEWARE! Make sure you are exercising your due diligence.

I know this term gets bandied about a lot lately, but in fact, nothing could be timelier. The problem is that most credit unions push the program into compliance, and then forget about it. When what they really need to do is push it to the business owners by putting it in a context that business owners understand. To put it in a non-compliance perspective, consider it this way — How do we make sure that what we need supplied to us will be there when we need it? That is what the business continuity community calls Supply Chain Continuity.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.