Risk Management & Compliance
Our clients describe the review process as a positive experience which generates relevant, customized solutions that address their risk management and compliance needs. With CU Rx’s objective review process, a credit union’s internal and natural subjectivity is eliminated.
The review process generally begins with a risk analysis to identify potential threats and vulnerabilities relating to the specific topic under review. The output from the analysis produces a risk matrix showing key vulnerabilities and areas of non-compliance. The review process is very comprehensive and accurate.
After our review, your credit union will be able to better mitigate and manage risk while strengthening compliance, policies and controls. Your staff will become better prepared and informed for annual reviews with NCUA and State examiners. It’s a critical step to the health and well-being of your credit union and its reputation.