A Direct Line - A Blog addressing issues and topics of interest for Montana credit union board members
Home > Credit Union Directors > The Blog A Direct Line

Starting with our "Welcome aBoard" post, our weekly blog addresses issues and topics of interest for Montana credit union board members. 

Staying on Top of Recordkeeping Deficiencies

From the NCUA Report april 2015

In recent years, NCUA has noted a strong correlation between fraud, losses related to fraud, and weak internal controls. They put together a great list of common general ledger areas to keep up on that credit union boards of directors and supervisory committees can use as a resource. Safety and soundness are a goal of management, officials, and regulators. As noted in the article, "serious and persistent recordkeeping deficiencies are often red flags for greater problems, including employee dishonesty and fraud."

additional, related resources

Below, you'll find links to past blog posts organized (loosely) into four categories. They are fairly short and provide food for thought in the areas of directors' duties and responsibilities, advocacy, working with the CEO, and ideas for strategic planning.  

About Us

Network Governance
Full Staff Listing
Credit Union Chapters

Contact Us

Credit Union Jobs

Compliance

InfoSight
CU PolicyPro
Fraud Resource Center
Compliance Training Tools

 

Advocacy &
Government Relations

Advocacy
     National Programs
     State Programs

Government Relations
     Montana Government
     Federal Government Affairs

Political Action

(MCUCD)
Community Development 

Education

Conferences and Trainings
Distance Learning
Financial Literacy for Volunteers

Economics

League Service Group

Directly Provided Services
Group Benefit Trust

Communications & PR

Credit Unions in the News
President's Report
Photo Galleries
Network News
News Archive

Credit Union Directors

The Director's Job
Volunteer Recognition
Helpful Resources
The Blog "A Direct Line"

Consumers

Find a Credit Union Near You
T
ip of the Week
Topic of the Month
Reciprocal Check Cashing

Montana's Credit Unions

Credit Unions in the News
Credit Unions for Kids
Credit Union Philosophy