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Every organisation is at risk of a disruptive incident.
Beyond regulatory requirements, your Credit Union Business Continuity Plan (BCP) ensures you’re able to serve your members during times of crisis!
NCUA requires credit unions to have a fully developed and "living" BCP program.
A BCP consists of the processes and procedures an organisation needs in order to continue operating during a disaster and recover as quickly as possible.
All of this information is put into a document, which is regularly tested, developed and improved on to make sure the organisation is prepared.
Failure to plan could have disastrous consequences for your organisation, potentially resulting in your organisation being unable to recover.
Business Continuity Plans Charlie Bone Book Report
The document must be published in a place that is available to all members of staff, especially those directly involved in the BCP, and in all appropriate formats (digital, hard copy, etc.).Download the template now If you’re looking for more help creating your BCP, you might be interested in our BCMS Documentation Toolkit.It contains templates of everything you need to implement a ISO 22301-compliant BCMS, helping you save time and money.Each of our consultants has Credit Union experience and bring that knowledge to building your plan.A well-documented plan, well-trained employees, and feeling like you can handle any curveball that comes your credit union's way.We make Business Continuity Planning an organization-wide initiative and process combining our team of certified & experienced staff with our award-winning BCP software platform.Our unique approach combines consulting, training, our proprietary platform, and gamified exercises to take the pain out of Business Continuing Planning (BCP).Good Business Continuity Plans will keep a company running through any interruptions including power failures, IT system crashes, natural disasters, and supply chain problems.Without a plan, recovery is at best good intentions – and part luck.Creating a BCP will make it easier for your organisation to cope in a crisis and minimise the disruption for you and your customers.It also demonstrates to customers and investors that your business is prepared for anything, thereby gaining their confidence and giving you a competitive edge.