With NCUA’s continuing emphasis on due diligence requirements, CUNA Strategic Services and TraceSecurity have developed a comprehensive vendor management system for credit unions called VendorTrack. You can centralize your entire third-party functions in one secure, online tool.

VendorTrack allows credit unions to:

• Securely upload and store vendor information such as policies, procedures, financials, SAS70s, and other critical due diligence information.
• Create and maintain a list of current vendors and the criticality of each relationship.
• Upload third-party contracts and set up e-mail notification to track contract dates.
• Receive e-mail notifications for timely due diligence updates.

To support development for making VendorTrack even more robust, there is a new pricing structure:

• A credit union subscription is only $99 per year, with a free 90-day trial.
• Encourage your vendors to learn about joining VendorTrack—their participation makes this vendor management system more valuable for you and for them. Vendor pricing is $1,000, $2,500 or $5,000 annually.

More Information About VendorTrack

• For information, contact Michelle Cunningham, New Alliances Associate Manager, at mcunningham@cuna.com or 800-356-9655, ext. 4067.
• Create your account now. 

Learn more about our VendorTrack sponsors.