Credit Unions

Leadership, Experience, and In-Depth Credit Union Knowledge

Credit unions have fared relatively well through the economic crisis, especially compared with other financial institutions. However, increased deposits and loans and growing market share bring their own unique challenges. In addition to balancing member loyalty with the need to build a prosperous institution, a credit union must meet added responsibilities in terms of board governance and supervisory committee member oversight as well as changing regulatory requirements.

How Crowe Horwath LLP Helps Credit Unions

Crowe is recognized as a leading provider of assurance services including:

  • Financial statement audits
  • Credit union service organization audits
  • Student loan audits
  • Broker-Dealer audits

With more than 50 years of experience working with credit unions, Crowe is one of the largest public accounting and consulting firms in the United States. We perform audits of many credit unions with more than $100 million in assets. We also are ranked sixth for total credit union assets audited, according to the “2014 Supplier Market Share Guide: Credit Union Auditors” by Callahan & Associates Inc.

Tax, Advisory, Risk, and Performance Services

For clients for whom audit conflict-of-interest limitations do not apply, Crowe offers a broad range of comprehensive services. Service areas include:

Industry Leadership

Crowe actively networks with and supports leading organizations and events associated with credit unions including the:

  • National Credit Union Administration
  • Credit Union National Association
  • National Association of Federal Credit Unions
  • National Association of State Credit Union Supervisors
  • American Institute of Certified Public Accountants (AICPA)

Credit Union Industry Expertise & Insights

Nationally recognized industry leaders from Crowe meet regularly with financial regulatory agencies, enabling timely updates on developments affecting credit unions.
Learn more about Regulatory Developments
Crowe has developed a comprehensive understanding of the important elements of a sound ALLL methodology and has extensive experience helping credit unions maintain compliance with ALLL interagency guidance and the Financial Accounting Standards Board Accounting Standards Codification requirements.
Learn more about ALLL
Crowe offers a comprehensive suite of M&A services that address critical needs throughout the entire acquisition life cycle – from initial planning and valuation through final integration and consolidation.
Learn more about M&A Services

The new Financial Accounting Standards Board (FASB) standard for estimating expected credit losses means that financial institutions must now calculate credit impairment using a more forward-looking approach.

Learn more about CECL

Contact Us
Mark A. Taylor