Credit unions are required to manage concentration risk and defend their capital position related to segmentation in areas such as Real Estate Loans, Commercial Loans, Investment Portfolios, and Unsecured Lines of Credit. Audit Link wants you to be prepared and offers the Concentration Risk Model as one tool for your compliance toolbox.
Objectives
Review the NCUA Letter 10-CU-03, learn how CU*BASE is used to assist in evaluating concentration risk in the affected segments of your credit union's portfolio, understand the evaluation process of monitoring critical data on a quarterly basis.
Save the date for the 9th annual AuditLink Conversations on Compliance event, hosted at the Sheraton Grand Rapids Airport Hotel in Grand Rapids, MI! This year’s event will take place on Wednesday, May 15th, from 9:00 AM to 3:30 PM ET. Presenters will include Jim Vilker, CU*Answers AuditLink Advisor, Brian Knight, CEO of NASCUS, and more. For more information and registration, click the button below! Learn More
GOLD Updates
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