With fewer employees and closer relationships, smaller creditunions still have some advantages to managing risk.

Joette Colletts, regional manager of Credit Union ProtectionRisk Management at CUNA Mutual Group, shared that observationduring a session at the company's Online Discovery conferenceTuesday.

“In fact, smaller credit unions have several advantages inmanaging risk. With fewer employees and close relationships, theirculture readily promotes open communication and a willingness toshare suggestions. This agile atmosphere lends itself well toreviewing, reevaluating and upgrading planning to promote a healthyrisk culture,” Colletts said.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.