MIDDLETOWN, Penn.– Sollievo said it has partnered with Fraud Hotline to help the credit union industry protect themselves from potential fraud losses. Through this partnership, Sollievo clients will have access to Fraud Hotline’s anonymous and confidential reporting service for potential fraud and ethical issues at a discounted rate, the company said.
“All organizations, including credit unions, are susceptible to fraud,” said Lori Gall, president/CEO of Sollievo. “This partnership assists our credit union industry with implementing internal controls to help mitigate risk and protect themselves from potential losses at an affordable price.”
This service enables employees, volunteers, board members, and others within the credit union to submit an anonymous and confidential report 24-hours a day using a secure website form or via a toll-free voicemail number.
Conflicts of interest, sexual harassment, violation of company policy, ethics violations, misconduct, or unfair labor practices are some of the many concerns that may be reported using this system so that credit unions can take the necessary corrective action and reduce their potential for loss.