Ethics Reporting Will Help Members Mitigate Risk

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Compliance : Sarbanes Oxley : e-Learning : Enterprise Platform

Ethics Reporting Will Help Members Mitigate Risk

David Childers
President and CEO
EthicsPoint

EthicsPoint, a leading provider of ethics and governance solutions, has announced a strategic alliance with the Credit Union Executives Society.

Through the alliance, CUES will provide its member credit unions with a best practices approach to ethics reporting that will help members mitigate risks associated with illegal and unethical activities and support the development of a sustainable ethical culture.

CUES EthicSource provides an easy-to-use way to capture reports of misconduct specific to credit unions, and powerful management tools that enable efficient review and resolution of issues while providing the information and analytics required for effective oversight.

The agreement between the two organizations represents a broad partnership that involves product development, marketing and sales. Working with CUES management team and several CUES members, EthicsPoint tailored its EthicsPoint Reporting System to reflect areas of risk specific to credit unions. Rolled out over the summer, the service is affordable for credit unions of all sizes and can be deployed rapidly.

CUES is a lighthouse organization, and we share a vision of advancing best practices that will help credit unions meet or exceed their ethics reporting responsibilities,? said David Childers, CEO of EthicsPoint. ?This strategic alliance has yielded a solution that will help credit unions affordably and efficiently meet reporting requirements and gain valuable insight into their operations and culture.?

?Our mission is to advance the professional development of credit union CEOs, senior management and directors,? said Holly Poast, VP/Products and Services, CUES. ?Our strategic alliance with EthicsPoint will allow us to continue providing our members with the best tools and resources needed to succeed today and into the future.?

Raising the Bar
Credit unions benefit from the deep industry expertise and state-of-the-art technology and services that CUES and EthicsPoint offer. CUES EthicSource has given our employees another means of communication for reporting issues they may feel addressing one-on-one with management,? said Bonnie Cottrell, Vice President of Human Resources for Electra Central Credit Union and a member of CUES. ?The anonymous reporting allows individuals to be heard without being identified and provides management with the necessary information to keep the workplace safe and sound.?

CUES EthicSource
The CUES EthicSource service allows customers to monitor fraud, settle workplace conflicts, minimize risk and control unethical issues. It provides safe reporting options, through a secure Web-based service and toll-free phone number for members, employees, directors, supervisory committee members and vendors to communicate sensitive issues without fear of retribution. And, CUES EthicSource helps customers manage:

Review and assessment of reported issues
Distribution of reports to appropriate parties for follow-up
Tracking of all reporting activities
Analysis of reporting activity and trends

Secure archiving of all reported information CUES is a Madison, Wisconsin-based independent membership association for credit union executives worldwide. Its mission is to advance the professional development of credit union CEOs, senior management and directors.

For more information visit www.cues.org.

EthicsPoint provides industry-leading solutions used by organizations around the world to meet governance and compliance mandates, mitigate risk, and support the development of ethical cultures that drive organizational performance. Its integrated suite of services includes ethics training, anonymous Web and hotline reporting, case management, and advanced analytics.

For more information visit www.info.ethicspoint.com.

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