The world of compliance moves fast, and new regulations emerge monthly. It’s important to keep your ear to the ground to see whatever changes are coming. And, seeing other people’s approaches—both from the regulatory side and from the credit union side—can provide much needed perspectives.
In order to be productive, effective, and efficient in today’s fast-paced world, it’s important to have access to the right resources. That’s why we created the Credit Union Auditor’s Resources Survey.
I sat down with Olivia Whipple, Founder of The Audit Library, to discuss my early career and the prevalence of corporate fraud uncovered in audits. The topic doesn’t necessarily cover credit union audits, but you can’t miss this wild ride.
As remote work piled up over 2020, a rash of worrisome compliance incidents started showing up in credit union audit departments. Chief among those incidents were the following symptoms:
We’re proud to announce the release of Redboard 11.1, the best version yet of our credit union audit management software. We’ve added new productivity enhancements to ensure smoother, more efficient audits and exams.
Do you want to guarantee that your credit union deals with audit findings reliably and on time? In this blog, we outline simple, repeatable process to ensure that your findings are cleared quickly.
Each year, the NCUA sends out their list of supervisory priorities for the year. Credit unions preparing for their exams can reference the letter to focus on specific areas.
Are your credit union audit findings always resolved reliably and on time? Have you ever found inconsistencies or outliers? Have you dealt with repeat findings?
At Redboard, we help credit unions organize, streamline, and even automate their audit processes. Over the years, we’ve developed a framework in which to conduct audits. It’s simple, repeatable, scalable, and most importantly, it works.
Recently, we spoke with Angie Garman, the internal audit manager for First Florida Credit Union (FFCU). As part of her effort to centralize identity and access management (IAM), she’s been taking a closer look at the risk that ex-employees pose to credit unions. Ray Murphy, former CISO of Navy Federal Credit Union and information security expert, joined us.
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