CUES and Vital Insight Bring Enterprise Risk Management Services to Credit Unions

Posted: 2010-06-07 00:00:00

CUES and Vital Insight Bring Enterprise Risk Management Services to Credit Unions MADISON, Wis.-The Credit Union Executives Society is pleased to announce a new partnership with Vital Insight, Austin, Texas, to provide tailored enterprise risk management (ERM) services to credit unions.

The new service, CUES Enterprise Risk Management, Presented by Vital Insight, will assist credit unions with developing, implementing and maintaining an integrated and cost-effective ERM program. The services are organized in two primary categories including, (1) risk assessments and internal controls reviews and (2) ERM training, program management and mentoring.

"It*s imperative to the long-term success of credit unions to have sound risk management processes in place," said Dale F. Schumacher, chairman, CUES board of directors, and president/CEO, Tampa Bay Federal Credit Union, Tampa, Fla., "CUES is pleased to offer this solution to help credit unions enhance their strategic and operational decision making."

Vital Insight provides credit unions with cost effective ERM services, industry leading ERM software, and expert ERM training and education.

Its professional services team is comprised of senior consultants with extensive risk management, audit and compliance experience.

"We are excited to be working with CUES and its members," said Alan White, president of Vital Insight. "We have developed a simple and easy-to-implement methodology that helps credit unions to better manage their risk and their regulatory requirements without creating tremendous costs or administrative overhead."

For information about how ERM services, brought to you by CUES and Vital Insight, can meet the unique needs of your credit union in designing an effective ERM process, visit cues.org/CUES_Enterprise_Risk_Management and complete the online interest form.

The Credit Union Executives Society is a Madison, Wisconsin-based, independent, not-for-profit, international membership association for credit union executives. Its mission is to educate and develop credit union CEOs, directors and future leaders.