Account Reconciliation and Troubleshooting Services
We can provide your credit union with reconciliation services who desire either monthly reconciliation services, an outside review of the account reconciliation for control purposes or we can provide assistance in troubleshooting out-of-balance conditions.
Loan File and Lending Procedures Review
The loan portfolio is the largest asset and the highest risk area on a credit union’s balance sheet. Your credit union can benefit from our in-depth loan file review services to assure that loan documentation process is appropriate. Control procedures and loan policies are evaluated to assure that lending risks are properly managed.
Strategic Planning Services
Your annual strategic planning session can be greatly enhanced by having a CPA professional either facilitate or participate in this session. On a consultation basis, our professionals will be glad to attend your planning sessions in any role your credit union management desires.
Internal Audit/Internal Controls Co-Sourcing Services
In today’s competitive business environment, providing outstanding member service is paramount. However, these same services can also create business risks which need to be properly managed and controlled. Our internal audit service can provide the desired level of ongoing review desired by your credit union, whether it be base-line supervisory committee duty assistance or full service internal audit procedures designed to help your credit union manage these risk exposures. Your credit union will greatly benefit from these in-depth services because this service can be tailored to meet your needs.
Other Specialized Assistance
- Records Reconstruction Assistance
- Bond Claim Assistance
- Key Employee Change Audit Procedures
- Consulting Services
Whether your credit union needs assistance reconstructing with the above services, or other desired consulting and specialized, Ferrin & Company, LLC’s credit union professional services are custom services designed for your credit unions specific needs. We are here to help your credit union succeed.