LucidTrust for Banks and Credit Unions
Prudential regulators, including the OCC, the Federal Reserve, the FDIC, and the NCUA, are asking institutions to show the same discipline around AI that they expect around any other operational risk. That means naming an owner, documenting a review, and monitoring change, on top of the written policy.
LucidTrust helps you govern the AI already running across your institution.
Fraud and BSA/AML
Transaction monitoring and alert triage tools increasingly rely on AI-driven scoring.
Lending and account decisioning
AI-assisted underwriting and pricing tools affect credit and account decisions.
Member and customer service
Chatbots and AI-assisted call center tools handle account questions and disputes.
Internal AI & Employee Copilots
Govern Microsoft Copilot, ChatGPT Enterprise, internal AI assistants, and agentic AI used by employees across the organization.
Core and digital banking vendors
Core processors and digital banking platforms roll out AI features as part of routine product updates, often without a formal notice.
Marketing and growth
AI-generated content and personalization tools shape member and customer communications.
Build the inventory examiners expect
Track every AI system, vendor, and use case with an owner, a risk tier, and a review status.
Watch core and digital banking vendors
Get alerted when a processor or digital banking platform changes its AI features or data handling.
Give compliance a repeatable workflow
Route AI intake and review through a defined process, sized for a small compliance team.
Prepare board and examiner packages
Generate reporting that answers the specific questions prudential regulators ask about oversight.
Support BSA/AML and fair lending reviews
Document how AI-assisted fraud and lending tools were reviewed and validated.
