Credit Unions
McEvoy Craig have a dedicated Credit Union Services Team offering a comprehensive range of professional services for over 30 years. We have an in-depth understanding of credit unions and their ethos having worked with our client’s through challenging financial times in recent years.
We understand the significant challenges Credit Unions are facing now;
- Pressure on both income and expenditure, and
- Increased compliance requirements
The increased compliance procedures present significant financial/expertise challenges to the Credit Union. We can help meet these challenges in a cost effective way.
External Audit
Our modus operandi is to visit all Credit Unions during the financial year and complete an interim audit. This highlights the issues particular to each credit union early and forms the basis of our work program for the final audit. We provide advice on issues arising during the course of the audit including constructive management letters to facilitate improvements to benefit the Credit Union.
Additional Services
- Internal Audit Function
- Compliance Review
- Strategic planning and review
- Loan book review
- Investment review
- Review of oversight committee
- Governance compliance review
- Payroll & HR advice
- Consolidation / merger advice
- Taxation advice
