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A Generative AI Decision-Making Guide for Community Banks and Credit Unions

“As we deepen our exploration of generative AI, crafting a strategic blueprint for governance becomes essential. Ethical AI is not just a consideration but a mandate, requiring vigilant oversight. A ‘center of excellence’ must be established to develop frameworks that address ethics, bias and risk. Leveraging LLMs on institutional knowledge is a key component of this strategy. AI isn’t a fleeting trend; it’s a cultural transformation requiring collective commitment.”

Mark Rowan
Chief Technology Officer
Credit Union of Colorado

https://thefinancialbrand.com/news/data-analytics-banking/artificial-intelligence-banking/faq-on-generative-ai-for-bank-credit-union-leaders-169525/

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