Regulatory Advisory Services

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Help secure your members’ financial health by safeguarding your own.

With today’s increased regulatory complexity and cybersecurity threats, risk management is more important than ever for credit unions. Mitigating the various threats to your institution is critical to your growth and your ability to effectively serve your members. Effective risk management will ensure a stronger control structure, more effective operations, and compliance with regulatory standards, as well as assure your members that you’ll be with them for the long haul.

Accordingly, HORNE’s comprehensive risk management services are designed to help you improve your risk management process. Our solutions can be tailored to address your specific challenges and fill in any gaps, whether you need a lot of assistance or just a little.

Regulatory Advisory Services

The HORNE team helps you turn compliance into opportunity. We monitor your relevant requirements and guide you through appropriate responses. We help you stay on top of legislative changes and maintain compliance to mitigate risk and position your credit union for continuous improvement.

Our experienced team can help you address regulations and requirements such as the following:

  • Bank Secrecy Act (BSA)/Anti Money Laundering/OFAC
  • Gramm-Leach Bliley Act
  • Home Mortgage Disclosure Act
  • Truth in Lending & Real Estate Settlement Procedures Acts
  • Fair Housing Act & Equal Credit Opportunity Act
  • Mortgage Quality Control reviews
  • Electronic Fund Transfer Act
  • Funds Availability Act
  • Truth-in-Savings Act
  • Asset/Liability Management - Interest Rate Risk

Internal Audit

Your control procedures and processes must be effective to maintain compliance. Internal audit plays an essential role in evaluating the design and monitoring the operation of your controls so that you can take any necessary corrective action, maintain compliance and continue to focus on the service you provide to your members. The HORNE team can assist your in-house internal audit staff or serve as your entire internal audit function. To learn more about our internal audit services for credit unions, click here.

Loan Review

As your institution becomes more involved in member business lending activity, you may be exposed to greater risk due to the characteristics of these more complex credits. HORNE credit union specialists offer independent loan reviews to help you monitor the creditworthiness of your member business lending portfolio. With our industry-focused expertise and tailored approach, we can identify problematic loans before they impact your financial health.

A comprehensive risk management program assesses every aspect of your credit union. It requires thorough knowledge of your regulatory, control and operating environments and a forward-looking mindset to spot potential threats. With decades of intense focus on your industry and a proactive, collaborative mentality, HORNE is ideally equipped to help you develop, implement and maintain a strong, effective risk management program that will grow with you. Contact us to learn more.