AI Policy
for Financial Institutions
Use it as is, modify it,
or just steal the parts you like!
Download it here
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Artificial Intelligence
It’s not just you. Big banks, credit union, fintechs, neobanks, and tech giants are all exploring new frontiers with AI.
Actually, just about every industry is.
And although regulatory guidance is forthcoming, it will always be slower than the speed of innovation.
That’s especially true when it comes to AI.
Unfortunately, this means that your community bank will have to establish its own AI policy.
- What are your goals with AI?
- How will you use it?
- What are the risks?
To help you out, CU 2.0 and Senso teamed up with 7 financial institutions to develop a Financial Institution AI Policy.
In it, you will find a general policy with an appendix of additional questions and considerations.
Use it as is, modify it, or just steal the parts you like!
Big topics
- Guidelines for responsible, ethical, and effective use of AI technologies.
- Considerations for the bank’s technology committee of executives and/or board members.
Primary goals
- Prepare credit unions for AI
- Ensure safe and effective use of AI
- Discover potential impacts of AI on staff, members, and risk
Our Contributors
Special thanks to these organizations for weighing in!
