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.

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