Business continuity plan for credit unions

Everything You Need for Any Interruption

With over 30 years of experience, Agility helps credit unions plan, prepare, and recover from any business disruption. We provide all the tools you need to resume financial operations quickly, stay audit-ready and BC compliant, and continue to serve your loyal members.

Agility Makes Credit Unions Resilient

When these guys showed up with the building, I was like "this is a godsend, this is fantastic." Amazing that they could do it so quickly...

Chad Falgout, VP, Human Resources - ASI Credit Union

Get Back to Business Fast

Our ReadyFinancial package provides turnkey mobile branch units. And Preparis, our emergency messaging solution, keeps your workforce safe during a disaster.

More for Credit Unions

Business Continuity Planning & Management for Credit Unions

Good business continuity plans will keep a company running through any interruptions including power failures, IT system crashes, natural disasters, and supply chain problems.

Our team of certified business continuity planners has helped hundreds of Credit Union professionals develop, test, and enhance their business continuity programs through our unique CU Recover software platform and methodology. With the use of a virtual business continuity appliance, a company can cut costs of their business continuity plan, due to lower power, space, and hardware overhead.

We focus on making business continuity planning an organization-wide initiative and process – bringing people, processes, and technologies together.

Our Business Continuity Management Process:

Business continuity plan for credit unions

Business Continuity Process

We understand the challenges that you face in dedicating time to business continuity plan development, so we’ll do the heavy lifting for you. Our process includes:

  1. The Business Impact Analysis (BIA) – including our Financial Impact Analysis model using your Credit Union’s 5300 call report data
  2. Risk Assessments - a standardized approach conducting not just disaster recovery risk assessments
  3. Departmental Recovery Plans – we will work directly with department heads to help them create plans
  4. Key Contact Development – pulling together information from across the entire organization so it is accessible in one central location
  5. Crisis Management Plans - assistance and guidance in creating useful CMPs.
  6. CU Recover website – once the plan is developed and approved, we load it into the CU Recover hosting platform for you and provide secure access to your custom website
  7. Maintenance & Monitoring – your certified business continuity professional will continue to work with you to help ensure that your plan is kept up-to-date
  8. Recovery Team Development – we will also work with you to identify responsible parties (and backups) for each of the critical recovery teams
  9. Annual Exercises & Continuous Improvement – annual exercises are included (and highly encouraged) with your business continuity plan. Our certified professionals are available to help you before, during and after an exercise.
  10. Incident Response - CU Recover includes incident response portals and processes to enable you to handle any event.
  11. Crisis Management Notification - CMNS add-ons are available to easily communicate with staff and members in an outage.

Do you have questions about how to conduct a risk assessment?

Do you want to know the top reasons your disaster recovery plan might fail?

WANT MORE INFO? CLICK HERE TO CONTACT US TODAY

An all-in-one solution for credit union BCP. This includes planning, optimization, and management for your CU.


CU Recover is More Than Just a Software Solution

The Ongoing Operations CU Recover platform and process is a fully managed credit union business continuity solution that bundles a lifecycle management approach, consulting, and software tools to deliver a functioning BCP that exceeds NCUA compliance requirements.

Cost-Effective Solutions for Your Credit Union

Simply fill out this form and select the topic(s) that you would like more information for, and our team will reach out shortly.

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Here is what you will receive:

01

Platform

Microsoft SharePoint, Fully Hosted, NCUA Compliant, Encrypted Data, Incident Management, Password Sync*

02

Communications

CMNS (Crisis Management Notification System)

03

Consulting

BIA (Business Impact Analysis), TAS (Threat Assessment Survey), FIA (Financial Impact Analysis) – Integrated 5300 Data

04

Tabletop Exercises

Business Continuity Plan and IT/DR Testing

Business continuity plan for credit unions

CU Recover is More Than Just a BCP Software Solution

Each business function has their own site which contains:

• Department BIA Data
• Notification System
• Incident Management
• Document Library
• BCP Events and Maintenance Tracking Calendar

Business continuity plan for credit unions

Emergency Response

Business continuity plan for credit unions

Notification System

Business continuity plan for credit unions

Incident & Crisis Management

Business continuity plan for credit unions

User Management

Business continuity plan for credit unions

Document Library

Business continuity plan for credit unions

Site Maintenance

Business continuity plan for credit unions

BCP Events and Tasks

Communications

Built in Crisis Management Notification System
Automatically send SMS Messages, emails, and telephone calls

Business continuity plan for credit unions

Consulting

Table Top Exercise:
Training, and exercises to support the activation of the Crisis Management Team is part of the continuing life-cycle of your BCP.

Facilitated annual tabletop exercise. (Onsite or Virtual)

Your OGO BCP Planner will:

01

Generate

Generate a tabletop scenario relevant to the Credit Union.

02

Facilitate

Facilitate the exercise and conduct in-the-moment training on how to utilize the current plans.

03

Identify

Identify credit union staff to act as observers and take notes and document the necessary follow up steps from the exercise

04

Require

Require all attendees to complete a survey at the completion of the exercise

“Ongoing Operation’s CISO as a Service gave us a lot of confidence. Having people with that level of experience and industry insight drastically improved our security posture.”

Business continuity plan for credit unions

“Great product and great support.”

It is great to have one system to plan and manage training, perform phishing campaigns and review suspicious emails reported by users. I also appreciate that they are always actively developing their products, adding features, improving workflow, etc.

And every time I have questions their support team is quick to respond and very helpful. I wish they could give lessons to the support teams at other vendors with whom we work.

Business continuity plan for credit unions

Mike B

What are the 5 components of a business continuity plan?

In order to achieve this, every business continuity plan needs to incorporate five key elements..
Risks and potential business impact. ... .
Planning an effective response. ... .
Roles and responsibilities. ... .
Communication. ... .
Testing and training. ... .
Building your own business continuity plan..

What should a business continuity plan include?

A business continuity plan outlines how you plan on keeping your business operational if there's an unplanned or severe disruption to your usual services. The business continuity plan includes, for example, data recovery and backup procedures, strategies for resuming office productivity, and communication guidelines.

What are the 3 elements of business continuity?

A business continuity plan has three key elements: Resilience, recovery and contingency. An organization can increase resilience by designing critical functions and infrastructures with various disaster possibilities in mind; this can include staffing rotations, data redundancy and maintaining a surplus of capacity.

What is business continuity plan in banking?

The Bank's Business continuity program is developed to manage the impact of significant disruptions and will endeavour to resume business and operations to an acceptable level within a reasonable time in the event of a disaster.