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How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.

NCUA announces funding opportunity for LICUs

The NCUA has published [84 FR 14976, 4/12/2019] a Notice of Funding Opportunity to announce the availability of technical assistance grants for low-income designated credit unions through the Community Development Revolving Loan Fund grant program. The grant program serves as a source of financial support in the form of awards that better enable LICUs to support the communities in which they operate. All grant awards made under the program are subject to funds availability and are at the NCUA's discretion.

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