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SAN DIMAS, Calif.; PLANO, Texas; WARRENVILLE, Ill. — Credit unions concerned about their exposure to subprime mortgage fallout risk, listen up: corporate ALM pros shared some free advice with Credit Union Times.

Brad Cunningham, vice president of WesCorp’s Financial Solutions Group, Brian Turner, manager of advisory services for Southwest Corporate’s Investment Services Division, and Tom Moore, president of Members United Corporate’s Balance Sheet Solutions each discussed their views on risk exposure, and what advice they would give to credit unions concerned about their balance sheets.

All three gentlemen agreed on one major point: relatively steady low delinquency rates show that credit unions need not be overly concerned with credit risk, which measures the borrower’s ability to repay.

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