Avidiant Consulting Group is expanding its reach beyond start-ups, mid-cap com-panies and banks to include an area on the front burner for many credit unions: risk management.
The Dallas-based business consulting firm said it will offer credit unions risk management services along with strate-gic planning, management consulting and regulatory compliance.
"The crash of the U.S. housing bubble along with a deteriorating labor market have brought on big challenges to credit unions where loan delinquen-cies, bankruptcies, repossessions and loan charge-offs are at an all time high," said Christopher Garcia, principal at Avidiant.
The consulting firm said its credit administration assessment service will include loan authorities, underwriting and documentation standards. Avidiant will also offer internal loan grading systems and delinquency reporting and collection efforts.
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