Credit unions can look to TCT Risk Solutions, LLC (TCT) for the management tools and policy assistance needed to effectively manage the risk in their loan portfolios.
Most credit unions have been pretty successful increasing their loan portfolios in the past five years. This growth could be positive (or negative) depending on how the risks in current loan portfolios are managed.
Credit risk in existing loan portfolios needs to be managed through two primary means – in policy and in practice.
Managing Risk through Policy