PolicyAid – Sample Policies for Credit Unions
The Minnesota Credit Union Network has partnered with PolicyAid to provide credit unions a comprehensive, online policy library that helps credit unions develop and maintain internal policies. This resource provides credit unions sample policies they can use to ensure compliance with current rules and regulations.
The PolicyAid documents are updated on a quarterly basis and reflect any new and amended regulations. These policies are available in Word format, allowing credit unions to adapt them to fit their needs. PolicyAid's trained professionals study the regulations and review the footnotes and fine print so that credit unions don't have to spend time reading these complex regulations.
Some of the policies available through PolicyAid include:
- Courtesy Pay/Overdraft Protection Act Policy
- Truth-in-Savings Act Policy
- Allowance for Loan and Lease Loss (ALLL) Policy
- Asset-Liability Management Policy
- Liquidity Policy
- Home Mortgage Disclosure Act Policy
- Real Estate Lending Policy
- Bank Secrecy Act Policy
- Disaster Recovery Policy
- Vendor Management Policy
- Social Media Policy
For a list of additional policies available through this resource, view the PolicyAid policy list.
An annual subscription to PolicyAid is only $299. Plus credit unions are only required to purchase one subscription that all of their staff can use. At this price, the resource quickly pays for itself. Save your credit union time and resource and sign up today for PolicyAid.
To subscribe, visit the PolicyAid website.