by Rochdale | Sep 9, 2025 | Boards, Enterprise Risk Management, Governance, Operational Risk Assessment, Risk Management, Strategy
The National Credit Union Administration (NCUA) recently announced a notable shift in its supervisory approach: the discontinuation of individual risk ratings for the seven traditional risk categories – Compliance, Credit, Interest Rate, Liquidity, Reputation,...
by Brian Hague, CFA | Aug 26, 2025 | Boards, Enterprise Risk Management, Operational Risk Assessment, Risk Appetite Assessment, Risk Management, Strategy, Vendor Management
You’ve implemented an Enterprise Risk Management (ERM) program at your credit union, and it’s been in place for about a year or more. You re-assess your risks periodically, you’ve developed reporting, and you’ve created a Risk Management Committee (RMCO) that meets...
by Roberta Rodgers | Aug 19, 2025 | Boards, Enterprise Risk Management, Governance, Operational Risk Assessment, Risk Appetite Assessment, Risk Management, Strategy, Vendor Management
In today’s interconnected financial landscape, credit unions rely on an extensive network of third-party vendors to deliver essential services to their members. From core banking systems and payment processors to cloud storage providers and marketing firms,...
by Brian Hague, CFA | Aug 7, 2025 | Boards, Economics, Enterprise Risk Management, Lending, Risk Management, Strategy
The July jobs report put a spotlight on the revisions to the payroll numbers – especially after the weak release, coupled with the sharp downward revisions to the May and June numbers, resulted in President Trump announcing the termination of the Commissioner of the...
by Jeff Owen | Jul 28, 2025 | Enterprise Risk Management, Operational Risk Assessment, Risk Appetite Assessment, Risk Management, Strategy
Strategic planning lies at the heart of credit unions’ mission to serve members, foster financial well-being, and thrive in a competitive financial landscape. Yet, one often underappreciated factor in the success of credit unions’ strategic initiatives is...
by Brian Hague, CFA | Jul 23, 2025 | Enterprise Risk Management, Governance, Operational Risk Assessment, Risk Management, Strategy, Uncategorized
In the landscape of the financial services industry, credit unions serve as pillars of trust, stability and support for their members. Amidst the ever-evolving challenges and uncertainties credit unions face, risk professionals play a pivotal and critical role. While...
