Hello,Our vendor we use for indirect lending would like to charge the dealership an acquisition fee for each loan based off of the member's credit score. Is this acceptable?Thank you,Britney Vogel
I am brand new to auditing in our credit union. I have been reviewing audit forms used by our previous auditors for lending reviews and workign on recreating a current one. Is anyone willing to share the topics and detail they put into their loan audits so I am not missing anything?Any help is greatly appreciated. Thanks, Kelly
Is anyone willing to share a sample copy of their audit schedule? I recently became an internal auditor for our credit union and am finding out our current one needs some work. This is on the advise of our recent exam and meeting with our supervisory committee. You can email me at kkuhn@servucu.com. Thank you.
HI all,I am very interested in the upcoming webinar but due to a prior committment will not be able to attend. Does anyone know if there will be a CD of the information available for purchase? please let me know.
Hi all,has anyone come up with an audit program for the new ATM Accessability requirements? If so, could you send me a copy or point me in a direction where I might find some help with this?
Anyone have an audit program for PCI Compliance they would be willing to share? -------Kathie.corrigan@pcu.org Thanks!
We are in the process of developing a checklist for a new product/service/idea to go through prior to implementation. (ex: steps and departments that need to sign off for different review areas). Does anyone have one in place that they would like to share? Thanks!
I was wondering what kinds of information you collect for your annual due diligence on indirect car dealers. Thank you!!Amy Heltzel
We are wondering who should see the minutes for the Audit Committee meetings? Is that something that the executive team and/or the board of directors should have access to? Also, when we write up an audit report (example: for a branch audit), who should have access to view that and who should the final report all go to? Any input on this would be greatly appreciated! Thank you.
We are trying to put metrics to our impact/effect and frequency/likelihood assessment of risk at the engagement level. Using "indirect lending credit risk" as an example, we want to put metrics to the impact and frequency assessment of inherent risk (before controls are applied). What metrics would you apply to determine the level of impact and likihood of credit risk in indirect lending?
