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Internal Audit Services for Credit Unions

As credit union operations become significantly more complex and diversified, staying abreast of control and efficiency issues can seem impossible.

Regulatory requirements change rapidly, and risk areas expand, placing a tremendous responsibility on credit union management and officials. More than ever, it's more critical than ever that credit unions have strong internal control processes.

Internal Audit Co-Sourcing

Our internal audit co-sourcing team provides support and additional strength to credit union internal audit departments. Our team works together with your personnel to supplement your internal audit function. Your internal auditor now has a working partner with long-term internal audit experience.

Internal Audit Consulting

For credit unions that do not have an in-house internal audit department, our internal audit consulting team can develop and complete your plan and assist with special projects, such as fraud investigations and management change reviews, among others. Your credit union now has access to the knowledge needed for the entire range of internal control projects.

How we can help

We don't just give you assurance of compliance with established policies and procedures; we also provide insightful observations and recommendations focused on your success. Our consultative, risk-oriented internal audit services result in recommendations based on the best practices of hundreds of credit unions we consult with every year. We know where the risks are and where efficiencies can be improved.

Our custom internal audit services will identify and help you manage risk in:

  • Enterprise risk assessments (ERA)
  • Mortgage & consumer lending and servicing
  • Indirect lending, credit scoring and risk-based lending
  • Electronic services
  • Automated clearing house (ACH)
  • Share operations
  • Asset liability management
  • Vendor management
  • Virtually any other risk area of a credit union

Why RSM McGladrey

Today you need an internal audit partner who will go that extra mile. You'll find that partner in RSM McGladrey because service is our primary focus. Our hands-on, service-oriented philosophy reflects the best practices of the largest and best-managed credit unions in the nation.

RSM McGladrey has been providing advisory services to credit unions for over 30 years. We are the nation's largest and fastest-growing credit union practice serving more than 750 credit unions nationwide.

We understand your business environment and technology needs and are dedicated to helping credit unions succeed. You can be assured of a customized, flexible approach that's based on your unique requirements.

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