by Jeff Owen | Sep 7, 2023 | Enterprise Risk Management, Operational Risk Assessment, Risk Management, Strategy
In today’s rapidly evolving business landscape, traditional Enterprise Risk Management (ERM) practices are facing a critical need for reevaluation. While ERM has long served as a shield against potential threats, it’s high time we recognize its untapped...
by Rochdale | Apr 6, 2023 | Press, Risk Management
SITUATION For over 80 years, Louisiana Federal Credit Union (LFCU) has been the go-to destination for money-saving solutions. Boasting a $420-million-asset portfolio, they have helped 36,000 members save over $7.1 million dollars. The credit union prioritizes local...
by Scott Hood | Mar 31, 2023 | Economics, Enterprise Risk Management, Governance, Risk Management, Strategy
Considering the recent events around the failure of Silicon Valley Bank and other major banks, now is a good time to revisit your assessment of liquidity and interest rate risks and, even more importantly, validate your responses for mitigating those exposures. So,...
by David Seibert | Mar 14, 2023 | Enterprise Risk Management, Governance, Regulatory, Risk Management, Strategy
Much has been written about the SVB (Silicon Valley Bank) failure, the largest U.S. bank failure behind Lehman Brothers back in September of 2008. Articles have extensively covered how it happened and what the impact is to financial markets and the banking sector. But...
by Michael Cannes | Feb 13, 2023 | Risk Management
Risk management is at the core of success for credit unions as they set their strategy towards creating, preserving, and realizing value (i.e., adding value to their members’ lives!). However, it is easy for leaders to get caught up in terminology and other...
by Brian Hague, CFA | Feb 16, 2022 | Economics, Risk Management, Strategy
Consumer inflation is at the highest level in 40 years: the Consumer Price Index (CPI) year-over-year is up 7.5% as of January 2022, the highest rate since February 1982. To put that in perspective, the last time consumer inflation was this high I was an undergraduate...
