Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The CFPB looked at Navy Federal Credit Union's operations from January 2013 to July 2015 and ordered them to pay affected members $23 million. This brings into question the credit union's incentive structure, and hints that perhaps employees were pressured (like in the Wells Fargo case) to make unethical decisions. [10/13/16]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video