Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
NCUA attorneys have filed suit against Maria Hernandez, former CEO of the failed El Paso FCU to recover $19 million in funds she allegedly stole from the credit union. According to the NCUA most of the stolen funds have been linked to unrecorded share certificates sold to non-member financial institutions that Hernandez converted for her personal use to purchase additional homes, to take lavish vacations and for gambling. [11/17/14]
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