How Your Credit Union Can Comply With NCUA Third-Party Risk Management Expectations
Venminder
May 13, 2024
The National Credit Union Administration (NCUA) has specific expectations for how credit unions should manage third-party risks. These expectations help ensure credit unions safely engage with third-party vendors, which in turn protects their members from different types of risks.
Complying with these requirements will help your credit union maintain safe and secure third-party relationships, while also satisfying regulators.
Download the infographic to learn:
- Key NCUA third-party risk management requirements
- Third-party risk areas to assess
- Tips to comply with the NCUA
About Venminder
Venminder is an innovative, customer-motivated company that is mission-driven to help solve the many challenges organizations face when managing risks from outsourcing to third parties.
Venminder provides a dedicated platform to empower effective end-to-end lifecycle management and mitigation of third-party risks. Venminder creates long-term collaborative partnerships with their customers, providing implementation assistance, product and best practices training, ongoing support, access to expertise and more.