CU23SS01. Exponential Risk and Credit Unions, presented by Moody's Analytics

There used to be just a few major risks that credit unions cared about – credit, rates and fraud. In the era of continuous tech innovation, fintech competition and erosion of customer loyalty, new risks are taking center stage that have a compounding effect on each other. The old ways of quantifying and managing risks — as one-offs, in silos — no longer cut it. We need a new mindset by understanding risk through a growing body of knowledge and increasingly powerful analytical tools. Learn from a panel of Moody's experts about emerging risks that credit unions are facing, such as cybersecurity and climate, and how these are inter-connected with traditional risks. Additionally, learn strategies that exist for credit unions, accountants and regulators to manage this ever-changing landscape.

Learning Objectives:

• Identify key risks facing credit unions and how today, more than ever, these risks are connected and inter-dependent
• Determine what this means for credit unions and accountants, and how both they and regulators can better analyze and mitigate these risks