Rochdale

Strengthening Credit Unions Through Enterprise Risk Management (ERM) In the crazy world credit unions operate in today, managing risk isn’t just about safeguarding assets and meeting regulatory mandates—it's about protecting the trust and financial well-being of our members... both today and into the future. ERM plays a pivotal role in this mission. For credit unions, ERM goes beyond traditional risk management. It provides a holistic framework that enables us to anticipate, evaluate, and respond to uncertainties (risks and opportunities) across the organization. By integrating ERM into our strategic planning, we ensure that every decision is aligned with our mission to serve our members while maintaining financial stability and regulatory compliance. In an environment where member expectations are evolving, regulatory pressures are increasing, and financial markets are as dynamic as ever, a proactive approach to risk is essential. Credit unions that embrace ERM can better navigate market fluctuations, technological advancements, and regulatory changes. This not only protects the organization but also empowers us to provide more value to our members—offering innovative products and services while ensuring their assets are secure. Moreover, a robust ERM framework builds confidence among our members, regulators, and other stakeholders. It signals that we are committed to sound governance and are prepared to manage uncertainties in a way that upholds the cooperative principles that define us. As credit unions, our commitment to our members is unwavering. By leveraging ERM, we not only safeguard their financial futures but also position ourselves to grow and thrive in an increasingly complex financial landscape. If you have interest in partnering with a firm dedicated to the credit union industry, meaning our success is fully dependent on your success, reach out today.

Happy Labor Day!

The FFIEC today issued a new booklet to help examiners assess information technology practices. The “Development, Acquisition, and Maintenance” booklet is available at: https://lnkd.in/evAE5mS8 .

We love connecting with credit unions and strive to stay on top of your strategy and risk needs. If you want to stay up-to-date with us, we'd welcome you to follow our page and reach out for more information on how we partner with and support credit unions - [email protected].

Great show. If you’re responsible for strategy, you have to give this a listen.

Listen to our COO, Jeff Owen, and his thoughts on risk appetite and risk tolerance! Thanks ByteWise Podcast for the opportunity.

Rochdale was a proud sponsor of the Risk Seminar ‘24 hosted by America's Credit Unions. Not only did we sponsor and exhibit, our COO, Jeff Owen facilitated a panel focused on credit risk and the importance of integrating and understanding credit risk as part of credit unions’ overall ERM programs. We were appreciative of the opportunity to be part of such an important conversation!

Rochdale is a proud sponsor of America's Credit Unions Risk Management Seminar in Columbus, OH next week. If you are attending, please stop by the Rochdale booth and visit our very own Jeff Owen. Jeff is also partnering with other credit union leaders and will be moderating a panel discussion on balancing credit risk and consumer credit quality. We'd love to see you there!

Rochdale is a proud sponsor of the Members Development Company 2024 Summer Owner's Meeting. Anthony (Tony) Ferris and Peter Gillotte look forward to seeing you there and learning more about the innovative things that MDC has in store for its owner credit unions. We at Rochdale love supporting collaborative efforts such as this that help ensure credit unions thrive and remain relevant into the future! #creditunions #thinkforward #strategyandrisk

Thank you to Rochdale for helping us bring a unique flare to this year’s owner-swag as a sponsor of MDC’s 2024 Summer Owner Meeting! See you Monday! #MDCOwnerMeeting #SponsorAppreciation