Our Solutions for Credit Unions
Understanding NCUA Reporting Requirements
NCUA Reporting Ensures Credit Union Compliance, Member Asset Protection, and System Stability Call Reports | Cyber Reporting | HMDA Act | Financial Performance | Internal Controls
Data needs from NCUA for credit unions
Quarterly Call Reports | Maintaining an up-to-date Credit Union Profile | Financial Performance Reports (FPRs) | Cyber Incident Reporting | Collect and report HMDA data | Obligated to prepare annual financial statements & internal controls
How Cuspide can help with Credit Unions Data Needs
Data Governance and Quality Frameworks
Implement robust structures to ensure data accuracy, consistency, and security
Benefits: Quarterly Call Reports and maintaining up-to-date Credit Union Profiles
Risk Management and Compliance Support
Build frameworks with metadata lineage tracking to ensure transparency and compliance
Benefits: Supports accurate Cyber Incident Reporting
Ethical AI and Responsible Data Use
Guide clients with ethical AI framework, data use policies to ensure compliance and mitigate risks
Benefits: Enhanced data security and privacy
Formation of Executive Steering Committees
Facilitate the establishment of committees to champion data strategies, Cultivate data-driven culture
Benefits: Streamlines decision-making and ensures alignment with regulatory and business goals
Advanced Data Analytics and AI-Driven Solutions
Provide advanced analytics and AI solutions to improve operational efficiency,ensure reg compliance
Benefits: Generate accurate and actionable Financial Performance Reports (FPRs)