The US National Credit Union Administration is the federal agency that supervises US credit unions. It has published its Examiner’s Guide which sets out guidance for its examiners and provides many useful tools.

Chapter 2 (pdf) contains tables with indicators for assessing:

• Credit risk
• Interest Rate risk
• Liquidity risk
• Transaction risk
• Strategic risk
• Reputation risk and
• Compliance risk.

These are worth discussing at board level and building them into your risk assessment model.