5 Disaster Recovery Challenges Unique to Credit Unions

Date:April 29, 2015
Time:1:00 pm Central
(2:00 pm Eastern, 1:00 pm Central, 12:00 pm Mountain, 11:00 am Pacific)

A free webinar presented by CUNA Strategic Services and Agility Recovery.

The NCUA states that credit union business continuity programs must meet three key criteria. First, you must have a plan to recover your credit union after a disaster. Second, you must have identified a place to relocate your credit union should a branch be compromised. And finally, you must have a program in place to test this plan. 

Having these capabilities in place is a minimum requirement, and good ones at that. However, there are additional challenges every credit union must face in order to develop a comprehensive business continuity strategy: 

  • Properly assessing your risk 
  • Determining how will you serve members after a business interruption 
  • How to ensure your staff will be available post-disaster, and what contingency plans you need in place 
  • Ensuring you have the ability to meet the demand for cash during a large-scale regional event 
  • Ensuring you can communicate at the time of disruption with your board, employees, members and community 

For 25 years, Agility Recovery has ensured that credit unions are there for their members. For more information, contact Debbie Bergenske, CUNA Strategic Services alliance manager, at 800-356-9655, ext. 4340, or dbergenske@cuna.com

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