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.
For more information or to discuss your Credit Union’s specific requirements, please contact a member of our team.
AI: Streamline Customer Experience with AI while safeguarding IT and personal data 3.07 MB
Jane O'Grady, Partner with Byrne Wallace Shields, presented on 'AI: Streamline Customer Experience with AI while safeguarding IT and personal data' at our Annual Credit Union Seminar in May 2025.
Download
Winning the Race – Enhancing Compensation, Benefits & Financial Well-Being 1.75 MB
Yvonne Clarke, Head of HR Solutions with RBK, and Patrick Keegan, Wealth Management Director with RBK, presented on 'Winning the Race - Enhancing Compensation, Benefits & Financial Well-Being in the Modern Workforce' at our Annual Credit Union Seminar in May 2025
Download
Strengthening Resilience: Fraud, Outsourcing & Liquidity for Sustainable Growth 1.55 MB
Michelle O'Donoghue, Governance, Risk & Assurance Partner with RBK, presented on 'Strengthening Resilience - Managing Fraud, Outsourcing Risks and Liquidity Pressures for Sustainable Growth' at our Annual Credit Union Seminar in May 2025
Download
ESG/Sustainability and Green Reporting 1.85 MB
Gareth Fitzpatrick, Governance, Risk & Assurance Manager with RBK, presented on 'ESG/Sustainability and Green Reporting' at our Annual Credit Union Seminar in May 2025.
Download
Credit Union Benchmarking Results 2025 - RBK Analysis 2.71 MB
Ronan Kilbane, Partner with RBK presented, the results of our annual Credit Union Benchmarking Survey at our Credit Union Seminar in May 2025.
Download
RBK Credit Union Benchmarking Survey Results 2025 5.53 MB
This report summarises the findings of a survey of credit unions conducted in February/March 2025. It reflects responses from 57 credit unions and financial data from 81 published annual reports. This represents €12.32b or 57.3% of the total asset size of the credit union movement in the State. (The sector asset size was approximately €21.5b across 183 Credit Unions at 30 September 2024). The credit unions included in our research range in size from €17m to €580m and represent a mix of both community and industrial credit unions. Prior year data has been updated to reflect additional information that became available after our 2024 Credit Union Benchmarking Report was published. Non-financial data in this year’s report refers to the current year to date and includes prior year comparisons where available.Credit Union Benchmarking Report 2025
Download