Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Audio briefing on vendor due diligence today
WASHINGTON (5/13/08)—The Credit Union National Association (CUNA) is conducting an audio conference today on due diligence pertaining to third-party vendors—an issue which federal regulators continue to emphasize. The program is scheduled for 1:00-2:30 p.m. (CT). The telephone conference will examine requirements and solutions from practitioners that are working for credit unions. Speakers include CUNA’s Deputy General Counsel Mary Dunn, Marcia Barron, CPA and director of internal audits for CUNA and CUNA Strategic Services (CSS), Inc., and Julie Esser, director of new alliances for CSS. Dunn said Monday that the conference is intended to add to information on this subject that was highlighted during the National Credit Union Administration’s (NCUA’s) Webinar last month. “NCUA has made it clears that a key priority for its examiners in 2008 is evaluating credit unions’ due diligence with their third party vendors,” she said. The agency has stressed that it is especially interested in how credit unions handle relationships related to lending services, auditing and management consulting services, and asset liability management.
Other Resources

RSS print
News Now LiveWire
FHFA today announced it's extending comment deadline for guarantee fees Fannie, Freddie charge lenders to Sept. 8.
8 hours ago
The 2014 @CUwomen Forum was held in Gold Coast, Australia yesterday during @WOCCU 's World CU Conference.
10 hours ago
.@CFPB obtains $92M in debt relief from Colfax Capital Corp. http://t.co/QPZAeCAcy2 See also: http://t.co/Kjf4HHkINW
12 hours ago
Julian Castro was sworn in as 16th secretary of @HUDgov Dept. of Housing and Urban Development Mon.
12 hours ago
.@CUNA's Chief Economist @SchenkMike talks consumer confidence--at highest levels since 2007 w/ @TheStreet @JoeDeaux http://t.co/JyoYQmhAxc
12 hours ago