Why Credit Unions Still Need Business Continuity Plans: A Regulatory and Cybersecurity Perspective
Credit unions face a range of operational threats, from natural disasters to cyberattacks. While some may have contingency plans, business continuity plans (BCPs) are not just a precaution—they are a regulatory necessity. Additionally, during cyber incidents, a well-structured BCP ensures rapid recovery and continued service. Regulatory Compliance: A Legal Requirement Credit unions must comply with […]
UT Federal Credit Union Opens Branch in Blount County
ALCOA, TENN. ̶ July 1, 2024 ̶ UT Federal Credit Union (UTFCU) reached a major milestone on Monday, July 1, as it opened the doors of its Springbrook Farm Branch in Alcoa. This new branch is the eighth branch location for UTFCU, and the first branch in Blount County. “We exist as a credit union […]
Knoxville Credit Union Leader Earns Outstanding Achievement Award at SRCUS
The Southeast Regional Credit Union Schools (SRCUS) organization is pleased to announce that Chris Outland has been awarded the 2021 Hugh Watson award at this year’s session of the Southeast CUNA Management School. Selected by the vote of his classmates, Outland was chosen to receive this award based on his exceptional contributions to the class […]