MIDDLETOWN, PA (February 11, 2015) -- Sollievo 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.
“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.
“Our hotline serves as a best practice by enhancing whistle-blower policies and discouraging unwanted behavior”, states Travis J. Wilson, CPA, managing member of Fraud Hotline. “However, the most significant benefit of any service is the perception and message it conveys to those throughout the organization – simply implementing a hotline is a critical part of setting the appropriate "tone at the top".
About Sollievo
Sollievo Group, LLC is a wholly owned CUSO of Mid-Atlantic Corporate Federal Credit Union located in Middletown, Pa. Sollievo (pronunciation: solˈljɛvo), an Italian word that means relief, offers a comprehensive collection of risk-management products and services to credit unions. Sollievo’s mission is to provide peace of mind and help meet compliance obligations and improve the overall risk posture of credit unions. Services include enterprise risk management, information security services, training, business continuity services, and more. For more information, please visit www.sollievo.com and follow us on Twitter.
About Fraud Hotline, LLC
Fraud Hotline, LLC is a national provider of anonymous and confidential whistle-blower reporting services to small businesses and non-profit organizations. Contact Fraud Hotline at 1-855-FRAUD-HL or www.fraudhl.com.