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.”