The financial services industry has gone through some significant changes in 2023 so far, and credit union leaders are facing their fair share of challenges. To successfully navigate these changing market conditions, understanding what challenges are ahead in the rest of 2023 and capitalizing on opportunities are key.

Join us for this complimentary BAI webinar to hear Wipfli’s Alison Herrick, CPA, and Katie Kennedy, CFE, CUCE, share insights on the top challenges and concerns facing credit union leaders today, including recruiting talent, employee development, member engagement, regulatory overview, cybersecurity threats, and more. They will also review the NCUA focus areas and other hot topics to help your credit union be ready for your next exam.

Discussion will include:

• Top challenges and concerns around talent acquisition and retention, the regulatory environment, and cybersecurity.
• NCUA focus areas, including liquidity and interest rate risk, credit risk, consumer financial protection and succession planning.
• Other hot topics to include CFPB 1071, CECL implementation, Employee Retention Tax Credit (ERTC)

PRESENTERS:

Alison Herrick, CPA
Partner
Wipfli LLP

Alison has been working with credit unions for over 20 years and leads the credit union practice for Wipfli. She specializes in audit services, including financial statement audits, internal audit risk assessments, internal control studies, and consulting on generally accepted accounting principles. Clients appreciate her ability to provide recommendations and solutions that are reasonable and realistic.

Katie Kennedy, CFE, CUCE
Senior Manager
Wipfli LLP

Katie is a senior manager with Wipfli’s risk advisory service. She has more 17 years of experience in providing financial institution services in the areas of regulatory compliance, internal audit, Bank Secrecy Act/Anti-Money Laundering compliance, risk assessments and internal control studies. Katie’s experience enables her to provide unique consultative services to assist clients in improving compliance management systems and the internal control environment. Clients appreciate her tailored approach to internal and compliance audit, resulting in her ability to provide meaningful insights and recommendations pertinent to the institution.