One platform for third-party risk and security, end to end.
Bring Coverbase agents into the tools you already use
Fully managed TPRM with human experts
The NCUA can't examine your vendors. It examines how you manage them. Coverbase helps you show your work.
NCUA guidance puts the responsibility for third-party relationships on the credit union, not the vendor. Coverbase runs the risk assessment, due diligence, and ongoing monitoring that examiners look for.
Who NCUA guidance applies to
It applies to federally insured credit unions (Supervisory Letter 07-01 and related due-diligence guidance). Importantly, the NCUA does not have authority to examine or supervise third-party vendors or CUSOs directly, so the credit union remains ultimately responsible for managing those relationships. The NCUA's separate cyber incident rule (12 CFR Part 748) requires reporting a reportable cyber incident, including one at a third-party provider, within 72 hours.
What NCUA guidance asks of you
Risk assessment and planning
Understand the risk a relationship carries before you take it on.
Due diligence
Review the vendor's background, business model, financial health, and contract terms.
Monitoring and control
Keep oversight current for the life of the relationship; you stay responsible regardless of vendor involvement.
72-hour cyber incident reporting
Be ready to notify the NCUA within 72 hours of a reportable cyber incident, including one at a third-party provider.
Defensible vendor diligence on a credit union's budget
You carry the responsibility without the ability to examine vendors yourself. Coverbase gives you the next best thing: thorough, documented diligence.
Evidence gathered for you
SOC reports, financials, and security documentation collected and reviewed automatically.
Member data mapped
Know which vendors and CUSOs touch member data and how it's protected.
Incident-ready records
Keep the vendor facts on hand for the 72-hour cyber incident clock.
Examiner-ready reporting
Produce the documentation NCUA exams expect, on demand.
One platform for third-party risk and security
Speed with control
Automate intake, assessment, and monitoring with built-in guardrails that preserve policy integrity.
Explain with confidence
AI provides traceable reasoning for every recommendation, so you can defend every risk rating and finding.
Automate with assurance
Adapt controls and meet regulatory changes in minutes, not months, without breaking your program.
Building Trust, Together
Some of the world's most innovative and security conscious enterprises trust us to safeguard their data. We see security and privacy not as checkboxes, but as an ongoing promise to our customers. For questions about our security program or to report a vulnerability, please contact us at security@coverbase.ai