WASHINGTON—As credit unions around the country grapple with the coronavirus, CUNA and the American Association of Credit Union Leagues have launched a COVID-19 Response Center with a wide variety of resources, the trade association said.
Among those available to CUNA members are CUNA’s Compliance Community and Credit Union Compliance Management System.
The CUNA Compliance Community is designed to provide an online hub for compliance professionals to connect, work together and share information, CUNA said.
The Compliance Community has a separate tab containing all COVID-19 related discussion threads, including all CompBlog entries on the topic and discussion threads from credit unions on the front lines.
“New discussion threads and posts are added daily as credit unions continue to seek best practices to serve members during the pandemic,” CUNA said.
CUNA described the Credit Union Compliance Management System as a web-based platform for handling federal and state compliance issues, that includes a dashboard to keep information accessible and includes state and federal alerts. It also allows credit unions to conduct a compliance risk assessment, CUNA said.