--- title: Up for a little challenge? description: Is your credit union's risk management plan up to date? Learn about the importance of enterprise risk management and how it can help your organization navigate potential hazards and opportunities in an ever-changing world. Join the conversation at the Enterprise Risk Management Certification School in San Antonio. image: https://content.americascreditunions.org/hubfs/Compliance_May_TOF_BN.jpg --- [![AmericasCUs_Logo](https://content.americascreditunions.org/hs-fs/hubfs/AmericasCUs_Logo.webp?width=200&height=47&name=AmericasCUs_Logo.webp)AmericasCUs\_Logo](https://www.americascreditunions.org) Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. - Menu Item - Sub Menu - Sub Menu - Sub Menu ![5 KPIs of Successful ERP Implementation](https://www.manobyte.com/hubfs/chub_backup/5%20KPIs%20of%20Successful%20ERP%20Implementation.jpg) #### Section Header Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. [![AmericasCUs_Logo](https://content.americascreditunions.org/hs-fs/hubfs/AmericasCUs_Logo.webp?width=200&height=47&name=AmericasCUs_Logo.webp)](https://www.americascreditunions.org) Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu - Menu Item - Sub Menu - Sub Menu - Sub Menu [Blog Search](https://content.americascreditunions.org/en/topics-of-interest) > [Compliance, Risk, & Regulations](https://content.americascreditunions.org/en/topics-of-interest/tag/compliance-risk-regulations) # Up for a little challenge? By [America's Credit Unions](https://content.americascreditunions.org/en/topics-of-interest/author/americas-credit-unions) / May 1, 2024 at 2:43 PM [Return to Blog](https://content.americascreditunions.org/en/topics-of-interest) ![Up for a little challenge?](https://content.americascreditunions.org/hubfs/Compliance_May_TOF_BN.jpg) Identify potential gaps in your risk knowledge by taking this 7-question [enterprise risk management quiz](https://www.nafcu.org/riskquiz)  to see how well you know credit union enterprise risk management.  **NCUA’s disaster planning risk alert**  A recent post on the [Compliance Blog](https://www.americascreditunions.org/compliance/disaster-preparedness-can-your-credit-union-weather-the-next-big-storm/) takes a look at assessing risk as we enter into severe weather season. The National Credit Union Administration poses the question: how prepared is your credit union to respond to the next unforeseen catastrophic event?  According to NCUA’s many risk alerts and guidance letters on the subject, a credit union’s disaster preparedness program should:  - Be commensurate with the institution’s complexity of operations;  - Minimize interruptions of service to members and maintain member confidence in times of emergency; and  - Be reviewed at least annually and address changes in the credit union’s operations.  One of their recommendations in the review process is to conduct your own risk assessment to determine which of the critical systems and necessary resources your credit union has should be prioritized in your planning.  **Sneak peek**  The free risk quiz is one opportunity for you to test your ERM skills with questions based on the actual ERM credentialing exam. Here is a sneak peek at one of those questions to see how you might do.  *ABC Credit Union's outstanding loans all have fixed interest rates, with maturities in excess of two years. The credit unions’ deposit liabilities all have maturities of no more than six months. ABC Credit Union is potentially facing:   *  - *Credit risk. * - *Liquidity risk. * - *Interest rate risk. * - *All the above.*   Don't worry, the results are completely confidential and meant just for you. You might learn something you didn’t already know, and this might give you an opportunity to identify where you want to brush up on some compliance skills.   The benefits of being able to identify and prepare for dangers, hazards, and potential disasters that may interfere with your credit union operations are obvious. Don’t miss this quick and free opportunity. Take the quiz today!     ## Related Posts ![Horizontal](https://content.americascreditunions.org/hs-fs/hubfs/Horizontal.png?width=315&height=74&name=Horizontal.png) Contact our Member Experience Team [800-356-9655](tel:8003569655) or [hello@americascreditunions.org](mailto:hello@americascreditunions.org) [![Instagram](https://content.americascreditunions.org/hs-fs/hubfs/LinkedIn.png?width=32&height=32&name=LinkedIn.png)](https://www.linkedin.com/company/americascreditunions/)![LinkedIn](https://content.americascreditunions.org/hs-fs/hubfs/Instagram.png?width=32&height=32&name=Instagram.png)[![Twitter](https://content.americascreditunions.org/hs-fs/hubfs/Twitter.png?width=32&height=32&name=Twitter.png)](https://twitter.com/AmericasCUs)[![Facebook](https://content.americascreditunions.org/hs-fs/hubfs/Facebook.png?width=32&height=32&name=Facebook.png)](https://www.facebook.com/AmericasCreditUnions) © America's Credit Unions 2026,  All rights reserved. ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "America's Credit Unions", "url" : "https://content.americascreditunions.org/en/topics-of-interest/author/americas-credit-unions" }, "dateModified" : "2024-05-01T19:43:00.592Z", "datePublished" : "2024-05-01T19:43:00.000Z", "headline" : "Up for a little challenge?", "image" : [ "https://content.americascreditunions.org/hubfs/Compliance_May_TOF_BN.jpg" ], "mainEntityOfPage" : { "@id" : "https://content.americascreditunions.org/en/topics-of-interest/up-for-a-little-challenge", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://content.americascreditunions.org/hubfs/Assets/Logos/Americas%20Credit%20Unions/ACU-3line-Purple-500x164.png" }, "name" : "Credit Union National Association" } } ```