Topic: Risk Management
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NCUA: Letter to Credit Unions No. 10-CU-03 – Concentration Risk (March 2010)
Avoiding concentrating too much in any single product or service is a core tenet of effective risk management and when violated increases the risk of loss to the credit union […]
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NCUA: Letter to Credit Unions No. 13-CU-10 – Guidance on How to Comply with NCUA Regulation § 741.12 Liquidity and Contingency Funding Plans (October 2013)
Advises credit unions of their responsibilities under the liquidity rule, explains the reasons for the rule, and provides guidance on certain liquidity planning expectations and provisions of the rule. ENCL: […]