CUNA Strategic Services Expands Alliance With Abound Resources’ Risk Management and Compliance Services
Madison, Wis. (10/27/2011) – CUNA Strategic Services, Inc. (CSS) and Abound Resources have expanded their alliance to include risk management and compliance consulting, as well as advisory services for credit unions.
Wes Millar, CSS’ senior vice president said, “We are living in an increasingly complex regulatory and economic environment. Abound Resources has demonstrated to us that they possess the experience, knowledge and resources to assist credit unions in these challenging times.”
A key benefit of the CSS/Abound Resources risk management relationship to credit unions will be a single, trusted source of information and services pertaining to the broad spectrum of risk management issues. In addition to a discount on consulting assistance to credit unions, Abound Resources offers free live webinars and a variety of information through a resource library on their website at www.aboundresources.com/resource-library.
“Our risk management and compliance services are now coupled with the existing CSS relationship around our vendor management processes,” said Brad Smith, president and CEO of Abound Resources. “Credit unions now have a comprehensive set of risk management services available to them ranging from enterprise risk management to specific compliance services.”
“Enterprise risk management is a hot topic with regulators right now, and many credit unions are not fully equipped to address many of the new regulations coming out of the Dodd-Frank legislation,” said Ken Proctor, managing director of the risk management and compliance practice at Abound Resources. “It’s our job to stay on top of these developments and assist credit unions.”
Credit unions can learn more by attending a free webinar on November 17th on “Developing the Enterprise Risk Management Infrastructure for Credit Unions.” More information is available at www.cunastrategicservices.com.
About CUNA Strategic Services
CUNA Strategic Services Inc., owned jointly by Credit Union National Association (CUNA) and the state leagues, saved credit unions more than $25 million in 2010 through its alliance programs. It provides credit unions with access to quality products, services, and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. For more information, visit cunastrategicservices.com.
About Abound Resources
Abound Resources is a national, full service consulting firm focused exclusively on Community and Regional Financial Institutions. In addition to Risk Management and Compliance Abound offers services in Technology Selection and Planning; Operational Efficiency; Retail Strategy, Marketing and Sales; Small Business Market Share Acquisition; Lending; and Strategic Planning. For more information visit www.AboundResources.com or call Deirdre Grubbs at 512-351-3703.