Credit Unions

Professionals serving and advising today’s credit unions and credit union service organizations (CUSOs) can no longer say that understanding financial institutions at large is enough. Credit unions need professionals who understand and know the intricacies of credit unions. Our credit union services group takes time to understand your products, services and regulations, as well as the evolving trends within the industry.

Credit Unions — Distinctly Positioned

As a credit union, you know and understand that the ways credit unions differ from other financial institutions are innumerable. Some of these differences include:

  • Focusing on a defined membership versus a widely disparate customer base
  • Going out of your way not just to service, but to actually serve your members
  • Complying with highly specialized rules and regulations
  • Balancing management among officers, board members and a supervisory committee

In the greater realm of business in general, no organization genuinely compares with a credit union. The fact that you are more a part of a movement than an industry is a poignant testimony to your uniqueness. The reality is that credit unions are the authority to provide their members with a perfect balance between their needs and the products and services they provide.

Our industry experts have the talent, resources, experience, and industry knowledge necessary to serve you. We regularly conduct internal and external credit union and CUSO audits. For each service we provide, we personalize our approach to accomplish the specific needs of the credit union or CUSO. This means we are also considering and examining the significant business risks — estimates that are subject to change, regulatory concerns, and areas that are susceptible to your internal control deficiencies.

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Selden Fox has been a tremendous auditing firm to work with for many years. I would consider this vendor relationship to be more of a partnership. We can rely on the advice we receive, and our questions are always welcomed.

— President & CEO, Credit Union
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