Combating Fraud Requires Leadership

October 2014
Credit Union Magazine;Oct2014, Vol. 80 Issue 10, p13
Trade Publication
The article presents views of Theran Colwell, risk management director of Credit Union National Association (CUNA), to prevent fraud by credit union employees including signing of fraud policy agreement by employees, giving limited control to employees and reviewing cash-handling procedures.


Related Articles

  • NCUA Bans Three.  // Credit Union Times;9/12/2012, Vol. 23 Issue 35, p6 

    The article informs that three former employees of credit unions have been restricted by the U.S.-based National Credit Union Association from taking part in the affairs of federally insured financial institution.

  • Meaningful Metrics.  // Credit Union Magazine;Oct2014, Vol. 80 Issue 10, p46 

    The article discusses ways suggested by Credit Union National Association (CUNA) for development of a credit unions' (CU) metrics plan to quantify the performance of their employees such as choosing the metrics most appropriate for operational performance and aligning metrics with CU employees.

  • ON DEADLINE.  // Credit Union Journal;12/1/2014, Vol. 18 Issue 42, p1 

    The article reports that five former credit union (CU) employees were banned by the National Credit Union Association in November 2014 from participating in the affairs of any federally insured financial institution in the U.S.

  • The 'Fascinating,' Challenging World Of Interest Rate Forecasting. Bartlett, Michael // Credit Union Journal;8/5/2013, Vol. 17 Issue 30, p19 

    The article reports on the remarks of Theran Colwell, strategy and business development director for the Mutual Group of the Credit Union National Association (CUNA), on interest rate forecasting in the U.S. It mentions his claim over the lack of experience among credit union (CU) executives in...

  • ERM: Embrace Opportunities in Risk. TOTTY, PATRICK // Credit Union Magazine;May2015, Vol. 81 Issue 5, p44 

    The article focuses on enterprise risk management (ERM) with reference to the credit unions in the U.S. It include comments from Theran Colwell of the Credit Union National Association (CUNA) Mutual Group on the risks currently faced by credit unions includes cybersecurity, growth and employment...

  • No CU Is Immune From Employee Dishonesty.  // Credit Union Directors Newsletter;Apr2012, Vol. 37 Issue 4, p1 

    The article focuses on the existence of dishonest employees at credit unions (CU) in the U.S. It says that some of the board members of credit unions who claims to have honest employees and negates the occurrence of employee dishonesty are facing embezzlement problems at their CUs. It states the...

  • Employee Retirement Benefits Trends.  // Credit Union Directors Newsletter;Jul2011, Vol. 35 Issue 7, p3 

    The article focuses on the trends of employee retirement benefits in the U.S. It cites that based on the 2010-2011 Credit Union Staff Benefits Survey of Credit Union National Association (CUNA), workers are seeing depletion of their retirement savings due to the stock market decline. It notes...

  • QUICK TAKE.  // Credit Union Directors Newsletter;Dec2011, Vol. 35 Issue 12, p1 

    The article reports that the overall staff turnover rates of the credit union (CU) stands at 12%, which is higher than the nine percent rate, and lower than the 15% prerecession rate in 2009, based from the 2011-2012 Credit Union Turnover and Staffing Survey of the Credit Union National...

  • Staff & Executive Compensation.  // Credit Union Magazine;Sep2011, Vol. 77 Issue 9, p76 

    The article offers information on credit union staff and executive compensation information resources offered by the Credit Union National Association (CUNA) in the U.S. including the "2011-2012 Complete Credit Union Staff Salary Survey Report" and "Small Credit Union Staff Salary Survey Report."


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics