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| Certified CARE - Regulatory Compliance | |
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Certified CARE |
NCUA regulations are part of the larger Gramm-Leach-Bliley Act, implementing the privacy portions of that act for consumers. Also known as the Consumer Privacy Act, it requires credit unions to notify customers about its information policies and how it treats customers' nonpublic personal information and personally identifiable financial information. It includes an "opt out" provision, allowing customers to prevent disclosure of private information to nonaffiliated third parties. Certified CARE software reduces the costs of meeting GLBA requirements including specific examiner hot buttons such as:
Related
Links: Compliance
Information (PDF) | Certified CARE sample
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