2017 Exam Focus

The NCUA released Letter No. 17-CU-01, which describes their supervisory priorities for 2017. The primary areas of focus are: Cybersecurity Assessment. Credit unions are encouraged to use the Cybersecurity Assessment Tool, and examiners will continue to evaluate the credit unions’ cybersecurity risk management practices. Bank Secrecy Act Compliance. As always, BSA is a hot topic. Additional focus will be on … Read More