Compliance Spring Cleaning

​Freshen up your compliance program this spring with a quick check of your tools, policies, and resources.

By InfoSight360

Spring has sprung and many people start their annual spring cleaning routine. This is great for your home, and it also a great practice for your compliance program! Here are a few questions to ask yourself:

• First things first – Do you know how to access the compliance tools available to you? Your league/association website is a great place to start! Be sure you know how to access the member-only areas of your league/association website to find out what is available. Many of the resources are free or deeply discounted as part of your affiliation membership. Be on the lookout for:
  • League/Association Compliance Helpline
  • InfoSight360
  • CU PolicyPro
  • RecoveryPro
  • ComplySight and/or AffirmX

Some of the resources may require a subscription or an additional login, so if you’re having trouble getting access contact your league/association compliance department or [email protected] for assistance.

Are the compliance resources reaching all areas of your credit union? Of course compliance resources are great for the compliance team, but compliance touches every part of the credit union! InfoSight360 has information and resources that would benefit your Board of Directors, front line staff, Marketing, Lending, HR, your supervisory committee, and more!

Review your policies and procedures. All major policies are required to be reviewed annually. CU PolicyPro can help with quarterly content updates, tracked changes, assignment reviews, reports, and publishing. Always keep an eye out for content updates!

Review your BCP.  Your BCP (business continuity plan) should also be reviewed annually. Determine if you have had operational or staffing changes to be addressed, or if there are external factors to consider, such as new regulations or environmental or building changes. RecoveryPro offers full BCP planning templates and a content management system that allows you to manage and distribute your plan content right within the system. 

InfoSight360 is FREE for our affiliated credit unions. This cutting-edge compliance research tool provides compliance information for 14 major operational areas. The AI Search feature intelligently analyzes all available content to provide comprehensive answers to your compliance questions. Contact John Alexander today for a demo, pricing and questions on any compliance solutions - [email protected] or 701-250-3948.