Oak Tree Blog articles that focus on the Credit Union Industry and Credit Union Compliance.
Know Your Customer (KYC) regulations are crucial components of federal Anti-Money Laundering (AML) laws designed to prevent fraud.
When it comes to stress testing and your credit union it is important to continue staying ahead of the game, and AI can assist.
Fortifying your firewall from fraud that’s coming from within is as important as firewalls to protect your institution from outside attacks
Here are some tips on implementing a CU compliance program, which should help you get started or to at least be a reminder of things you should address.
Oak Tree knows compliance and we are here for your credit union, so let’s take a quick look at the importance of credit union compliance.
The Federal Trade Commission (FTC) enforces the FCRA. Here are some things to think about with how to avoid fines at your credit union.
It is important to carefully consider the benefits of third parties, and what are the Risks of third-party vendors?
Sometimes it is a good idea to review the risks of non-compliance and ensure our credit unions comply with all laws and regulations.
The National Credit Union Administration (NCUA) is an independent federal agency that was created in 1970 to charter and regulate federal credit unions and insure the deposits of members at all federally insured credit unions. The NCUA is important to the credit union movement because it helps to ensure the safety and soundness of credit unions and protects the interests of credit union members. There is an important connection between the goals of the NCUA and the credit union movement.
it’s important to make sure your forms and documents are up-to-date. How do you know when your credit union needs new forms?