TOPIC: Program

Establishing Fraud Program

Employee at a credit_union ($213MUSA)
Our small community credit union since January of this year is really focusing on strengthening our Compliance and Risk due diligence.  One very important component is Fraud Program, which we do not have in place at the Compliance level, we have policies and procedures for the frontline that were updated back in 2003 and are broad and need attention as well.  I want to seek from this group, do you have a Fraud Program that would fit a small community credit unions needs, do you have advise or recommendations that lend to giving me points of interests to consider thru the development process.

Any sharing of programs and policies I gratefully appreciate if you could share with me.
Thanks, Sharron

    Free Webinar | How to Develop and Defend Your Risk-Based AML Program | 1 CAMS Credit

    Tuesday, October 29 | 2 p.m. EST/ 1 p.m. CST
    Presented by Terri Luttrell, CAMS-Audit
    Register here

    The OCC, FDIC, Federal Reserve, NCUA and FinCEN released a statement emphasizing their “risk-focused” approach to examining Bank Secrecy Act / anti-money laundering compliance programs. Is your AML program current with examination requirements and expectations? Join us for a free webinar where Terri Luttrell, CAMS-Audit, will give you an inside look into a risk-based program, how to develop a risk based program, and what examiners will be looking for.

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    • What examiners announced in their statement this summer
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