Posted in: Press Coverage, Social Media Compliance
Social media is a powerful tool for credit unions to engage with members and promote services. However, navigating the legal complexities involved is crucial to avoid regulatory pitfalls. In a recent CUInsight article, in collaboration with EmpowerFi founder Hilary Reed, social media attorney for credit unions, Ethan Wall, explores the importance of developing clear, well-documented […]
Continue ReadingPosted in: Press Coverage, Social Media Compliance
EmpowerFi, a renowned leader in data-driven marketing for financial services, has entered into a strategic partnership with The Social Media Law Firm to enhance social media compliance for credit unions. This collaboration leverages EmpowerFi’s innovative marketing solutions and The Social Media Law Firm’s expertise in digital law to help credit unions navigate the complex landscape […]
Continue ReadingPosted in: Social Media Compliance
As banks increasingly utilize social media to engage customers and enhance brand presence, the risk of social media misuse by employees becomes a significant concern. From inadvertent disclosures of confidential information to inappropriate behavior online, the potential repercussions of employee social media misuse can be detrimental to a bank’s reputation and legal standing. In this […]
Continue ReadingPosted in: Social Media Compliance
Amidst the opportunities presented by social media, banks face a multitude of legal challenges and compliance considerations. From regulatory requirements to data privacy concerns, navigating the complexities of social media compliance requires a thorough understanding of legal frameworks and proactive risk management strategies. In this blog post written by a social media attorney for banks, […]
Continue ReadingPosted in: Social Media Compliance
In an era dominated by digital communication and social media, banks have embraced Facebook, Instagram, and other platforms as powerful tools for engaging customers, promoting services, and enhancing brand visibility. However, the use of social media in the banking industry is not without its regulatory challenges. From compliance with financial regulations to safeguarding customer privacy, […]
Continue ReadingPosted in: Social Media Compliance
Social media has emerged as a powerful tool for banks to connect with customers, share information, and promote their services. However, with this increased visibility comes a responsibility to uphold transparency and compliance with applicable laws and regulations. One key aspect of maintaining transparency on social media involves providing legal disclosures. In this blog post, […]
Continue ReadingPosted in: Social Media Compliance
Social media has become an integral part of communication and marketing strategies for banks. While these platforms offer numerous opportunities for engagement and outreach, they also pose unique legal challenges. From regulatory compliance to privacy concerns, banks must navigate a complex legal landscape to ensure their social media presence remains compliant and effective. In this […]
Continue ReadingPosted in: Social Media Compliance
Table of Contents How To Create a Social Media Risk Management Program for Banks and Credit Unions Introduction Social Media Risks for Financial Institutions Legal Requirements: The FFIEC Social Media Guidance Memorandum How We Craft a Social Media Risk Management Program for Financial Institutions Social Media Risk Management Program Requirements Social Media Policies, Procedures, and […]
Continue ReadingPosted in: Social Media Compliance
Learn How to Create a Social Media Risk Management Program for Banks & Credit Unions Banks and credit unions need a social media risk management program, but often don’t know where to start. So, we created a Free 45-minute course on how to protect your financial institution from legal risks. Learn from award-winning attorney, Ethan […]
Continue ReadingPosted in: Social Media Compliance
Social media compliance for financial institutions can be confusing. For starters, nearly all banks and credit unions existed prior to the rise of social media. This means that the laws governing financial institutions existed prior to most banks and credit unions use of social media sites like Facebook and Instagram. This often results in Marketing, […]
Continue Reading
.svg/revision/latest?cb=20171117144331)
