Whether for a purchase, or an existing portfolio, Waypoint reviews commercial and mortgage lending programs by validating appraisals, searching for technical errors, reviewing documentation for regulatory compliance, and more.
Waypoint provides thorough annual reviews of a credit union’s assets, liabilities, and equity using review standards. Waypoint can also assist with fraud investigations bond claim preparation.
For many credit unions, implementing an effective internal audit and risk management program can be overwhelming. Waypoint evaluates, improves, and implements programs at a low cost.
Even the best laid plans can fall through. When a CEO leaves unexpectedly, Waypoint can fill the gap until a new leader is appointed and trained.
Waypoint can help credit unions of all sizes meet regulatory requirements and enhance staff and board competency by providing and tracking training for staff, management, and directors.
For many credit unions, maintaining an internal controls department can be cost prohibitive. Waypoint can perform periodic internal control testing on and off-site for credit unions at an affordable cost.
Waypoint can assess a credit union’s QA program as required by IIA Standards, and make recommendations for program enhancements.
Waypoint will help your credit union identify risks in all types of systems and determine the effectiveness of each mitigating control at an affordable price for small to mid-sized credit unions.
We helping credit unions create a clear path forward by participating in a Waypoint-facilitated strategic planning session using Waypoint’s unique “100 Peer Credit Union” approach.
Waypoint has assisted a number of credit unions purchase loan participations on their own, without costly broker fees.