Standards of Sound Business & Financial Practices

Standards of Sound Business & Financial Practices

One of the objectives of the Credit Union Deposit Insurance Corporation (“CUDIC” or the “Corporation”) under the Credit Union Act is to work with Atlantic Central in the development, promotion and implementation of Standards of Sound Business and Financial Practices for credit unions. The Act also empowers CUDIC’s Board in consultation with Atlantic Central and Government to issue directives to credit unions regarding Standards of Sound Business and Financial Practices and Standards. Credit unions will be monitored to ensure they are operating in accordance with the Standards of Sound Business and Financial Practices.

To view these documents, you will need to download and install the free Acrobat Reader software. If you already have the reader software, simply click on the title of the document you are interested in.

Standards of Sound Business Practice (PDF)