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Stay on Top of Surprise Cash Counts

Thu, May 7, 2015

Columbia, Maryland

Employee dishonesty losses continue to be a top claims category for credit unions according to CUNA Mutual Group’s Bond claims statistics. In fact, embezzlement schemes involving theft of cash by tellers and vault tellers are also growing in severity. To minimize the risk of these losses, credit unions should ensure surprise cash counts are performed frequently and in an appropriate manner. Read full RISK Alert.