Credit unions are required to manage concentration risk and defend their capital position related to segmentation in areas such as Real Estate Loans, Commercial Loans, Investment Portfolios, and Unsecured Lines of Credit. Audit Link wants you to be prepared and offers the Concentration Risk Model as one tool for your compliance toolbox.
Objectives
Review the NCUA Letter 10-CU-03, learn how CU*BASE is used to assist in evaluating concentration risk in the affected segments of your credit union's portfolio, understand the evaluation process of monitoring critical data on a quarterly basis.
Don’t ignore the importance and value of electronic documents! Are you performing your Imaging Due Diligence? We strongly recommend that you review the PDF for Performing Due Diligence on Your Images and make sure that your credit union is minimizing its risks. Click the button below to view the PDF!Learn More
Are you looking to bolster your lending portfolio but don’t have the time or resources to dedicate to it? You can hire the Lender*VP team to send out recurring 1Click campaigns for you! 1Click Offers are easy for your members, why not make them just as easy for your credit union too! Learn More
GOLD Updates
The next GOLD updates are currently scheduled for: