And the Holy Redeemer Credit Union did issue its statement this afternoon. It acknowledges the September 2024 internal audit report and says, quote, "an official response addressing all matters raised was submitted to the Internal Audit Manager on Tuesday, April 8, 2025."
The release continues to say, "HRCU assures its member-owners and the general public that all concerns raised by the Internal Audit Manager were thoroughly reviewed and appropriately addressed. Furthermore, all related-party loans undergo enhanced scrutiny and due diligence to ensure full compliance with regulatory and governance standards."
The release adds, "HRCU remains committed to maintaining the highest standards of transparency, accountability, and confidentiality in protecting the interests of our member-owners and upholding the integrity of the Credit Union."
You can read the full text of the release on our Facebook page.
