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Potential Crises for CUs. Robbery Data breach Regulatory issues Layoffs, restructurings, branch closings Public health threats (Swine flu) Natural disasters (Hurricane Katrina/Ike) Workplace violence and accidents Embezzlement, fraud.
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Potential Crises for CUs • Robbery • Data breach • Regulatory issues • Layoffs, restructurings, branch closings • Public health threats (Swine flu) • Natural disasters (Hurricane Katrina/Ike) • Workplace violence and accidents • Embezzlement, fraud
Massive Credit Card Data Breach Hits Local Banks, Credit Unions
Wescom Cuts 175 Jobs, 2 Branches
CUNA Announces More Layoffs and Five-Day Furloughs for All Employees
Consumer Group Bashes CUs for Pushing ‘Predatory’ Payday Loans
A crisis communication plan lives, changes, and evolves throughout a crisis
Crisis Management Tips • Be Prepared.
Crisis Management Tips 2. Establish a central information source.
Crisis Management Tips 3. Effectively train your spokespeople
Crisis Management Tips 4. Practice regularly through simulated exercises
Crisis Management Tips 5. Act. Time is of the essence.
Crisis Management Tips 6. Leverage technology.
Crisis Management Tips 7. Communicate transparently.
Crisis Management Tips 8. Convey the facts succinctly and concisely.
Crisis Management Tips 9. Focus on what’s happening now.
Crisis Management Tips 10. Assess, evaluate and improve.
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Thank you! Kristine Tanzillo kristine@duxpr.com 903-865-1078