January 16 2025

Former Member Sues NCUA and Three Former Board Members and Former CEO

A former member of Borinquen FCU is suing the NCUA, three former board members, the former CEO, (the former CEO and one of the board members are now in federal prison for embezzlement), 10 other unnamed individuals and, inexplicably, the FDIC for  conspiring to cause the credit union’s failure or, in the alternative, for doing nothing to prevent the failure. [4/28/15]

Risk Watch Plus Webinar 8: Complaint Management

Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.

What is the AffirmX Platform?

Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

We welcome your input. Contact us here.

Subscribe above to have a daily digest sent to your inbox. You may unsubscribe at any time.

Subscribe

Sign Up Today!

* required

*







*



Email & Social Media Marketing by VerticalResponse