FOR IMMEDIATE RELEASE

Contact: Natalie Sherry – CUNA Councils; 800-356-9655 ext 4141; nsherry@cuna.coop

Madison, WI (June 22, 2018) – The CUNA Finance Council has published a new white paper, “Emerging Risks.”

A conversation about risk in the financial service arena is fraught; finance and accounting professionals are continually trying to get ahead of risk threats in hopes of reducing or negating damages. Since risk comes in many forms, executives are often faced with a moving target, taking aim at emerging risks.

This white paper evaluates several categories of risk that finance and accounting professionals should be aware of in 2018 and beyond, including:

• legal/compliance,
• credit,
• interest rate,
• liquidity,
• transaction/fraud,
• strategic,
• and brand/reputation.

To better understand this overarching emerging risk issue, four leading credit union executives have shared respective approaches and experiences, responding to:

• How do credit unions monitor and respond to various risks?
• What resources and expertise are required?
• How are regulatory organizations formalizing and implementing new risk management plans?

The responses to these queries are informative; however, finance and accounting executives cannot manage these risks alone and are encouraged to develop a risk management strategy in partnership with all departments of the credit union.

CUNA Council members are eligible to receive complimentary copies of this, and hundreds of other white papers. The paper is available online in the white paper section of www.cunacouncils.org.
Press may contact Natalie Sherry at nsherry@cuna.coop for more information.

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About CUNA Finance Council:

CUNA Councils are a member-led, collaborative community of credit union leaders providing vibrant peer interaction, new ideas and innovation to foster professional development for our members while advocating for the overall success of the credit union movement.  The CUNA Finance Council is one of seven CUNA Councils, a network of more than 7,000 credit union professionals. For more information, visit cunacouncils.org.