GRAND RAPIDS, MI –CU*Answers has announced the availability of its 2015 Business Continuity Plan to in-network credit unions as a proactive measure to assist them in their vendor due-diligence efforts. “Given today’s extended network, it is imperative that credit unions carefully assess their service providers’ business continuity programs, paying close attention to each vendor’s capabilities and capacity,” said Jim Lawrence, CBCP, Manager of Disaster Recovery and Business Resumption Services at CU*Answers.
In addition to the continuity and recovery plan, credit unions are provided supporting documentation detailing the results of recent recovery testing and high-availability rollover exercises as well as independent audit reports such as ACH processing and SSAE-16 (SOC 1, Type 2), according to CU*Answers.
As part of its commitment to their network of over 200 credit union clients, CU*Answers said it provides professional education courses (classroom and web-based) to describe the planning and testing process as well as Business Continuity principles, standards, and best practices to assist the credit union in building a robust program of their own.
Additional information regarding the CU*Answers Continuity and Recovery programs can be found at http://www.cuanswers.com/solutions/business-continuity/.