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From the February-28, 2007 issue of Credit Union Times Magazine • Subscribe!

Corporate One FCU to Hold Risk Management Conference

COLUMBUS, Ohio -- Corporate One Federal Credit Union will be holding a conference and workshop geared toward enterprise risk management on April 30-May 2 at the Mirage Hotel in Las Vegas. The conference is targeting CEOs, CFOs, COOs and CROs.

Topics for the conference include a discussion of ERM from the regulators' point of view, a look at how other industries use ERM to their advantage, and an overview of the COSO framework (the ERM industry standard).

NCUA Vice Chairman Rodney Hood is confirmed to speak at the conference. Other speakers include: Joseph Herr, director of innovative services for Jefferson Wells, a management company focused on providing professional services related to risk management; Stephen Minsky, CEO/founder of Logic Manager, a provider of consulting services and configurable software solutions for ERM; and, Joseph Ghammashi, Corporate One's chief risk officer.

"Enterprise risk management is becoming a reality for all businesses, especially those in the financial services industry," said Lee Butke, president/CEO of Corporate One Federal Credit Union. "ERM is more than just managing risk and staying in compliance, although those elements are certainly part of it. ERM, by definition is primarily designed to provide a reasonable assurance that an organization is able to achieve its goals. That's why ERM is so important."

The $4.1 billion Corporate One FCU provides financial services to over 780 credit unions.

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