November 12 2019

Top Ticket Items in FDIC’s April 2018 Enforcement List

Of the 35 enforcement orders released by the FDIC for April 2018, four included civil money penalties. What were the money penalty-inducing violations? One was for a pattern of flood insurance violations, one was for masking lending losses, another was for understating the allowance for loan and lease losses, and the largest ticket item ($140,000) was for paying the personal expenditures of the President/CEO without disclosure or authorization. Don't do these things. [5/30/18]

Risk Watch 152: Member Business Loans – What You Need to Know

A look at a brief history of the political hot potato that is member business lending at credit unions as well as recent changes that may impact those who manage credit unions and their members. Click here to watch now.

What is the AffirmX Platform?

Video 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

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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