CUNA Mutual support Credit Unions in Managing Risk in a Changing Financial Landscape
At a gathering of over 145 Credit Union leaders and delegates from around Ireland in Tullamore, Ireland, Paul J Walsh, CEO of CUNA Mutual Europe, appraised the conference on how Credit Unions and other financial institutions are dealing with their Risks during these challenging times.
The conference, hosted by the Credit Union Development Association (CUDA), brought together several industry leaders to deal with key aspects of the Credit Union operating and business model.
Walsh, while speaking on Enterprise Risk across the Credit Union sector, reviewed approaches used by the US, Canadian and Australian Credit Union systems, facilitating active discussions on the implications and possible opportunities for Irish Credit Unions. CUNA Mutual’s unique insight into Credit Union operating models across several markets was pivotal in assisting Credit Union leaders, gathered in Tullamore, to aid in the establishment of best practice and preparation for changes ahead.
CUNA Mutual have implemented on-line risk evaluation and support tools to assist Credit Union Directors in the US market and a similar roll-out is planned for 2012 in Ireland.
CUNA Mutual’s European headquarters are based in Dublin and they serve mutual partners across the UK and Ireland, including Credit Unions, Building Societies, Trade Unions and co-operatives. It protects over 1.5 million lives from its Dublin offices through c.400 trading partners.