Performed on a daily basis, an Audit Link Expert uses the CU*BASE Dashboard for Negative Balance Analysis to retrieve negative balance data. A daily report summary is provided to your team illustrating negative balance accounts separated as 15-day buckets to assist in quickly identifying possible fraudulent activity and areas that may require immediate action. Also included with the daily report summary are graphical representations and delinquency ratios to assist in identifying key trends impacting your credit union’s negative balance account activity.
Since signing on with Audit Link 2 years ago, Northern Hills FCU has saved thousands of dollars in compliance and audit services. Audit Link performs the daily log management and saves us time by helping us concentrate on only those transactions that require further scrutiny. They help us keep pace with the regulatory changes on the horizon and provide valuable advice about potential changes we need to implement.- Cindy Griffin, CEO Northern Hills Federal Credit Union
