Risk Management Marijuana Banking: Don't Get Caught in the Weeds Ah, cannabis. On one hand, it’s a source of relief for many people. On the other, it’s a sore subject, rife with negative ideology and uncertainty. It’s like a dandelion…a pop of color that has the appearance of a flower but is, nonetheless, a weed. Ironic,
Risk Management Why Check Fraud Isn’t Going to Magically Disappear Any Time Soon You know what fraudsters and magicians have in common? The element of distraction, a masterful grasp on the sleight of hand and a penchant for trickery. The difference? One simply wants to entertain the masses while the other seeks to deceive for personal gain. In this age of multiple payment
Risk Management File or No File: When Does Unusual Become Suspicious? Member activity can quickly move from something they haven’t done before to something you need to report. It’s important that everyone in your organization knows what to look for and how to escalate concerns. Determining when to file a Suspicious Activity Report (SAR) can vary by institution, but
Risk Management To Ask or Not to Ask: That is the Compliance Question Thanks to Sir William Shakespeare, the long-pondered question, “to be or not to be” has been applied to many situations. When you’re tired but busy, you might ask yourself, “to sleep or not to sleep.” When you want to make an expensive purchase, you may think, “to buy or
Risk Management Under the Microscope: Elder Financial Abuse and the Role of Your Credit Union Meet Edna. She’s a very sweet 68-year-old woman who just retired from a long career as a school bus driver. She’s a mother, a grandmother, lover of cats, avid player of the lottery, community advocate and maker of the best macaroni and cheese you’ve ever tasted. She
