The OGO Blog

How does a Pandemic impact a Hurricane Business Continuity Plan?

Credit union business continuity planning has been impacted by the COVID-19 pandemic. This pandemic has changed the way we need to look at all our business continuity plans. Since the hurricane season for 2020 officially starts on June 1st and ends on November 30th, let’s consider the impact of the current pandemic. Most credit unions…

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“Probably” Is the Enemy of BCP

How many times have you heard, “IT probably has that documented” or “the snowplow company will probably do it”? We’re guessing you’ve heard it a lot more than you should have… probably.

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3 Tips to Maintain Business Continuity Plans

How can you make time to maintain the business continuity plan for your credit union? Here are three tips to ensure continued operations—no matter what. When people put plans in place, they often assume that’s it! They’re done! But unfortunately, that’s not how business continuity planning works. Technologies change. Business practices evolve. Staff churns. Plans…

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How To Reopen Credit Union Branches

It’s been a weird couple of months for us. We can all agree on that. Here in Oregon, it has been about 5 weeks since we were first quarantined.  At first, we saw schools close, then restaurants, then bank branches etc. Each wave occurred quick and decisively and credit unions were forced to react quickly.…

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How Is Business Continuity Priced?

Have you ever wondered how much credit unions spend on business continuity and disaster recovery? How about how the pricing is determined? Do you wonder what the TCO (total cost of ownership) is when you are looking at different providers? The reality is, these are difficult questions to answer. Why, you ask? Well, there are…

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Pandemic Scenario: Mass Transit Becomes Unavailable

If mass transit becomes unavailable during a pandemic, your credit union needs to have a game plan for this scenario. Determine how you will operate if absenteeism spikes from increases in sick employees and those who can no longer get to work due to mass transit becoming unavailable. It is also likely that as fear…

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Pandemic Scenario: Local schools and day cares close

If local schools and day cares close during a pandemic, your credit union needs to have a game plan for this scenario. In some communities, early childhood programs and K-12 schools may be dismissed, particularly if COVID-19 worsens. Determine how you will operate if absenteeism spikes from increases in sick employees, those who stay home…

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Pandemic Scenario: There is a confirmed case in your building

If there is a confirmed case in your building during a pandemic, your credit union needs to have a game plan. If there is confirmed case of COVID-19 in your office building, employers should inform fellow employees of their possible exposure to COVID-19 in the workplace but maintain confidentiality as required by the Americans with…

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Pandemic Scenario: There are confirmed cases in your membership segment

If there are confirmed cases in your credit union’s membership segment during a pandemic, your credit union needs to have a game plan. If a member is confirmed to have COVID-19, employers should inform fellow employees of their possible exposure to COVID-19 in the workplace but maintain confidentiality as required by the Americans with Disabilities…

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