Bellco Implements ERM Initiative
GREENWOOD VILLAGE, Colo.-Bellco CU is implementing an Enterprise Risk Management (ERM) program with guidance from The Rochdale Group. The CU has been working through the process with Rochdale since late last year and has already made several enhancements to internal controls and processes.
For info: www.rochdalegroup.com
Reg E Compliance Resource Unveiled
MINNEAPOLIS-Wolters Kluwer Financial Services has created an online resource center to help institutions comply with Reg E revisions that take effect July 1 for new accounts and Aug. 15 for existing ones. The company also launched Reg E Opt-in Manager, a solution it says allows institutions to expedite generation and electronic delivery of opt-in notices to consumers for consent.
For info: www.wolterskluwerfs.com/banking/info/regulationE/index.html
Callahan Parnters with Sacher
WASHINGTON-Callahan & Associates has teamed up with Sacher Consulting to help credit unions create a well-thought-out strategy when determining their allowance for loan loss in a time of escalating delinquencies and write offs.
For info: www.creditunions.com or contact Mike Sacher at mike@sacherconsulting.com or (310) 459-9313.
ICUL Teams With Coopera Consulting
NAPERVILLE, Ill.-The Illinois Credit Union League said it is collaborating with Iowa-based Coopera Consulting to strengthen its Hispanic outreach program.
For info: www.cooperconsulting.com or www.iculeague.org
CUNA SS, JMFA Extend Partnership
MADISON, Wis.-CUNA Strategic Services, Inc., announced an expansion of its agreement with John M. Floyd & Associates (JMFA) of Baytown, Texas, that will provide credit unions with a program designed to enhance their bottom lines by improving their contracts for processing and technology services.
For info: www.cunastrategicservices.com or www.jmfa.com
Predictive Fraud Scoring Offered
COSTA MESA, Calif.-Experian, a global information services company, announced the launch of Fraud Shield Score Plus, a new predictive fraud score designed to provide small- to mid-sized businesses with an effective approach to combat fraud with little to no IT investment or process change.
For info: www.experian.com
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