My supervisor is looking for general information on the following questions:
For those credit unions that have CUSOs, does that respective Board receive annual BSA training as is required for the credit union Board?
We currently offer limited PPD origination where with a signed authorization the credit union originates on behalf of the consumer members. We recently have discovered that there are a few businesses that have signed up for this service (with the transactions being initiated as CCD transactions). Does anyone else provide this service to their members? If so, what documentation do you require from the businesses to document signing authority on the RDFI's account?Thanks!
I have been asked to request sample policies as follows:
- Courtesty Pay or Overdraft Protection or Bounce Protection
- Signature Validation for US Savings Bonds
- Telecommuting (working from home)
Any information you can share would be greatly appreciated.I can be reached at smathews@trustarfcu.com.Thanks,Steph
Just wanted to let all of the Mid-Atlantic State CUs/IAs that I have you in my thoughts and prayers.....looks like Sandy will truly be the wicked witch of East for Halloween and scary!Stay dry, warm and safe!PS: I know this may not be an 'appropriate' use of the forum, but didn't know how else to contact all of the CU IAs to express my thoughts.HeidiFort Bragg FCU NC
Good afternoon,It appears as if we may need to look at all our cameras to determine that they are working properly. Have any of you performed an audit in this area? Thanks in advance.
Was wondering if any of you fine folks would be so kind as to share what your ALLL reserve percentages are for MBLs. Especially looking for what percentages you use for each MBL category (Pass, Special Mention, Doubtful, Loss, etc.) Thanks a bunch.
More policy requests from me! We are updating just about all of our current policies and I was wondering if anyone would share their Appraisal policy and their Collections policy with me?
Hello all,Does anyone know of regulation requirements for skipping loan payments? Is there an annual limit? Maybe some accounting concerns? Any information would be very helpful! Thanks so much!
Hello All, I'm trying to budget for 2013 and was hoping for some insight. I've never attending the annual conference before and would like to in 2013. Could anyone give me an idea of how much they budget for this. That is if your credit union requires budgeting by department. Thanks in advance!
