You may already have a written business continuity plan, but how can you make sure that it actually works? At Ongoing Operations, we’ve developed a couple of methods to ensure that plans remain foolproof [...]
Credit unions must consider the safety of their information, both for their own sakes as well as for that of their members. Many credit unions have taken to hiring third-party security consulting companies to meet [...]
Pulling in a third party to bolster your security needs will increase your overhead a little bit. In today’s blog post, we’ll take a look at three reasons why hiring a credit union [...]
Banking and business software must continuously stay up-to-date to protect the safety of credit unions and their members. Many major breaches seem to start with a simple problem – lousy patching. So, does credit union patching [...]
In the event that an event befalls your credit union, you’ll need to take steps to ensure that you can continue to function and serve your members. These steps will lead you down two [...]
Many threats face credit unions, but the forces of nature represent a growing yearly risk. How can you prepare for a hurricane? And how can you test your plans to make sure your preparations are [...]
The National Credit Union Association outlines basic requirements for business continuity planning, but are they stringent enough to protect your credit union? At Ongoing Operations, we believe that a business continuity plan should cover all [...]
How can you make time to maintain the business continuity plan for your credit union? Here are three tips to keep your contingency scenarios ready for action. Once we put a plan in place, there [...]
This past week I had the pleasure of speaking at the CU Leadership Convention in Las Vegas, Nevada. This was the first year I have attended this conference, and it was previously called the CU [...]
As small niche financial institutions, it is imperative that we don’t lose sight of who we serve. It is essential to your credit union’s survival to be highly focused on your niche and [...]
Hurricane season is upon us. After a nightmarish 2017 hurricane season featuring monster storms such as Harvey, Irma and Maria, many in the U.S. are hoping for a quieter year. However, if we learned [...]
When I first started my career in credit unions, the world was a different place. It was a world with no internet, tape based backups, green bar paper, and IT was called “Data Processing”. It [...]
I love Credit Unions. Let me count the ways. Credit Unions obsess about great financial products and putting members first. The calling card of our industry is personal attention and the overall desire to do [...]
One of the most common questions I hear from Credit Union CEOs is, “How do I know if my IT staff is doing a good job. How do I measure the team’s leadership or [...]
Few would claim that they could have predicted the impact a technology company (Uber) would have on credit union balance sheets. If you envisioned this future – well played! For the rest of us, it was [...]
