The Credit Union sector is currently undergoing fundamental change. In addition to dealing with day to day operations, management and staff face increased regulatory oversight, more onerous reporting requirements, and a greater emphasis on risk management and corporate governance.
At the same time, Credit Unions continue to deal with issues that emerged during the financial crisis such as viability, their business model, governance, management effectiveness and scale.
At RBK, we understand this is a critical time for Credit Unions and our specialist team is here to help. Our specialists combine traditional accountancy expertise with strategic business advice and integrated business solutions. We work with Credit Unions of all sizes and our clients view us as trusted advisers assisting them to meet the current challenges.
Our services include:
Annual Audit: RBK ensures that your credit union’s audit is statutorily compliant and meets the regulator’s requirements.
Independent Review: RBK offers independent reviews of your Credit Union’s loan book, liquidity, post merger review and corporate governance
Internal Audit: RBK provides benchmarking, advisory and outsourced services to improve your internal audit.
Risk and Compliance Reviews: The Credit Union Act imposes obligations regarding financial stability. RBK will assist you in meeting these requirements.
Strategic Assistance: Strategic planning is a legal requirement for Credit Unions. RBK will facilitate your Board to fulfil this legal requirement.
Mergers / Transfer of Engagements: For some Credit Unions, the decision to enter into a merger or transfer of engagements is necessary to secure survival; for others, it is a strategic move to secure growth.
HR and Payroll: RBK provides a range of HR and Payroll support services to help your Credit Union comply with its obligations under employment legislation.
COVID-19 Considerations: COVID-19 has presented significant challenges for Credit Unions. The major issues are declining loan demand, an increase in credit control considerations and other operational matters such as HR, Liquidity and Capital management.
For more information or to discuss your Credit Union’s specific requirements, please contact a member of our team.
Practical Guidance to Achieving your HR Plan 992.83 KB
Helena Kiernan, HR Manager with RBK presented on Practical Guidance to Achieving your HR Plan at the annual RBK Credit Union Seminar, held in Johnstown Estate on 1st May 2019.Download
Optimising the Effectiveness of Regulatory Reporting to the Board 740.1 KB
Michelle O'Donoghue, Director with RBK presented on Optimising the Effectiveness of Regulatory Reporting to the Board at the annual RBK Credit Union Seminar, held in Johnstown Estate on 1st May 2019.Download
Credit Union Benchmarking Results 2019 1.71 MB
Ronan Kilbane, Partner with RBK presented the results of the RBK Credit Union Benchmarking Survey at the annual RBK Credit Union Seminar, held in Johnstown Estate on 1st May 2019.Download
Successfully Implementing your Strategic Plan 468.73 KB
Colm O'Grady, Partner with RBK presented on Successfully Implementing your Strategic Plan at the annual RBK Credit Union Seminar, held in Johnstown Estate on 1st May 2019.Download
Developing and Implementing an Appropriate IT Plan 692.85 KB
Gary Melvin, Director with Brandon Consulting presented on Developing an Appropriate IT Plan at the annual RBK Credit Union Seminar, held in Johnstown Estate on 1st May 2019.Download
RBK Credit Union Benchmarking Report 2019 2.11 MB
Our latest research shows that 2018 was a broadly positive year with progress continuing to be made on a number of fronts as Credit Unions consolidate recent achievements and work on strategies to move forward to the next level.Download
Our offices are strategically located to service our market and are easily accessed from any location nationwide.
Boole House, Beech Hill Office Campus,
Clonskeagh, Dublin 4,
D04 A563, Ireland
RBK House, Irishtown
N37 XP52, Ireland
RBK House, Castle Street,
F42 NR79, Ireland