Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
That’s what Members 1st FCU, a $2.6 billion dollar credit union in Mechanicsburg, PA, has discovered through its new merchant lending program. Members 1st is now booking $100,000 per month in loans in the medical field for items such as elective surgeries, braces, and dental work and in the home improvement field for items such as home cooling and heating system installations. [5/20]
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