The FDIC and NCUA can issue statements all day and night about insured deposit amounts, but nothing states it as plainly or effectively. The client that I’m working with this week is of a modest size. Through a combination of well-designed documentation, strong controls and a collection of in-house developed software utilities, they’ve managed to do more with less. The brilliance is in its simplicity and effectiveness more than anything else else. The client’s approach was to figure out the right way to conduct the work and than automate where possible.”]
Source: https://www.bankinfosecurity.com/blogs/safety-soundness-regulatory-compliance-p-104