Credit Union

December 17, 2018 |By Brad Powell

NCUA Audit Nightmares: Going for the Gotcha!

In the American financial system, audits are considered especially heinous. Across the country, the dedicated employees who endure these vicious examinations are part of an elite group known as the credit union industry.
Read More
December 13, 2018 |By Brad Powell

NCUA Audit Nightmares: My Examiners Didn't Trust the Numbers

In the American financial system, audits are considered especially heinous. Across the country, the dedicated employees who endure these vicious examinations are part of an elite group known as the credit union industry.
Read More
December 6, 2018 |By Brad Powell

NCUA Audit Nightmares: My Examiners Were Wrong (and Sassy)!

In the American financial system, audits are considered especially heinous. Across the country, the dedicated employees who endure these vicious examinations are part of an elite group known as the credit union industry.
Read More
November 27, 2018 |By Brad Powell

How Can Credit Unions Request New Product Features?

If you’re considering Redboard for your credit union, or if you’re already using it, you might wonder how you can request new product features. Today we’ll discuss how Redboard addresses your emergent or continuing concerns in the realm of auditing software.
Read More
November 20, 2018 |By Brad Powell

What Have Credit Unions Said About Efficacy?

At this point, we’ve worked with a lot of credit unions. As such, we’ve received a lot of feedback about what it’s like to use Redboard. A couple major points about Redboard’s reported efficacy have stuck out to us.
Read More
November 13, 2018 |By Brad Powell

Using the NCUA Examiner's Guide as a Resource to Help Your Credit Union

Halloween just came and went. This year, several dozen pop-culture references, cartoon characters, and rotting undead paid visit to my door. They said, “trick or treat,” and in return, I gave them candy. Examiners aren’t quite as charming when they knock on my credit union door, though. Nevertheless, I like to stay well-prepared: instead of buying bags of candy, I consult the NCUA examiner’s guide.
Read More
November 6, 2018 |By Brad Powell

Using the NCUA Examiner's Guide for an Internal Control Audit

NCUA rules and regulations require a demonstrable level of risk management from credit unions. If you’re looking to prepare for your next examination, your best bet is to look at the NCUA examiner’s guide. In it you will find the resources that your NCUA examiners will reference for your next internal control audit.
Read More
October 30, 2018 |By Brad Powell

Tracking Data Through your Internal Audit Process

It doesn’t matter if you’re the biggest credit union in the world, or if you’re small but mighty: you’ll have to do an internal audit. During your internal audit process, one of your biggest keys to success is tracking your data.
Read More
October 22, 2018 |By Brad Powell

How to Mitigate Credit Union Risks During Your Internal Audit

Assessment of risk and finding ways to mitigate it are critical components to a successful internal audit. Here are a few strategies for your credit union to consider the next time examiners come a-knocking.
Read More
June 29, 2017 |By Brad Powell

Credit Unions and the Regulatory Burden: Disconnect, Pessimism and Risk

At your credit union, you know exactly how cumbersome regulations (and the examinations that come with them) can be.
Read More