CUNA's Due Diligence Resources
CUNA's E-Guide Due Diligence Resources

Credit Union Magazine Articles

• Vendor Due Diligence is Exam Priority in '08 (2/08)
• Ten Steps to Build Binding Technology Contracts (4/07)
• Vendor Due Diligence: 8 Steps to Manage Risk (11/06)
• Due Diligence - Keep Your Members, Regulators Happy (Credit Union Magazine Online, 11/06)
• Vendor Contracts: Everything is Negotiable (2/04)
• Vendor Management Made Easy (10/03)
• Seven Pitfalls that Ruin Vendor Relationships (9/03)

Other Articles and Resources

• Third Party Due Diligence (CUNA Lending Council Newsletter dated 9/21/05)

NCUA Guidance on Due Diligence

Letters to Credit Unions

• NCUA Letter to Credit Unions 08-CU-19: Third-Party Relationships: Mortgage Brokers and Correspondents (8/08)
• NCUA Letter to Credit Unions 08-CU-09: Evaluating Third Party Relationships Questionnaire. Click here for the letter (PDF) and here for the questionnaire (Excel spreadsheet) (4/08)
• NCUA Letter to Credit Unions 07-CU-13: Supervisory Letter - Evaluation Third Party Relationships (12/07)
• NCUA Letter to Credit Unions 04-CU-13: Specialized Lending Activities (9/04)
• NCUA Letter to Credit Unions 03-CU-08: Weblinking: Identifying Risks & Risk Management Techniques (4/03)
• NCUA Letter to Credit Unions 02-CU-08: Account Aggregation Services (4/02)
• NCUA Letter to Federal Credit Unions 02- FCU-04: Weblinking Relationships (3/02)
• NCUA Letter to Credit Unions 01-CU-20: Due Diligence Over Third Party Service Provider (11/01)
• NCUA Letter to Credit Unions 00-CU-11: Risk Management of Outsourced Technology Sources (12/00)

Legal Opinion Letters

• 04/18/08 NCUA Legal Opinion Letter (08-0417): NCUA Letter to Credit Unions, "Evaluating Third Party Relationships," No. 07-13 (07-CU-13), Legal Review by Inhouse Counsel

Risk Alerts

• NCUA Risk Alert 05-RISK-01, Specialized Lending Activities -Third-Party Subprime Indirect Lending and Participations (6/05)

AIRES Questionnaire

• AIRES Questionnaire Workbook – Loan Outsourced Lending Relationships
• AIRES IT Questionnaire Workbook – IT Vendor Oversight

Additional NCUA Resources

• 03/07/08 NCUA's webinar "Key Examination Issues for 2008: Evaluation of Third Party Relationships and Strategic Planning" is available here, and the related webinar "Frequently Asked Questions" is available here.
• NCUA Webinar: Key Examination Issues for 2008 (1/29/08) - NCUA plans to archive this Webinar, so check www.ncua.gov for details. Click here to view NCUA presentation.

Other Government Resources

• Office of the Comptroller of the Currency (OCC) Bulletin 2001-47. 1 (11/01)
• Office of Thrift Supervision (OTS) Bulletin 82: Third Party Arrangements. (3/03)
• Federal Deposit Insurance Corporation (FDIC) Supervisory Insights: Third Party Arrangements: Elevating Risk Awareness (Summer 2007)

VendorTrack Templates

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