Membership in RMA
What is RMA?
RMA is the only financial services association to champion best practices in risk management while also monitoring emerging trends. Our strong relationship with members and regulators helps us develop new risk management techniques, innovative products, and education and training programs geared to risk management professionals at different stages of their careers. Over 70% of the Association’s revenue is derived from providing products and services to members.
Founded in 1914, RMA’s historical focus on credit risk has broadened in recent years to include risk management on an enterprise-wide scale. In addition to our long-standing commitment to credit risk, we are now focusing on market risk and operational risk, critical areas for financial institutions today. This strong focus on risk management has prompted American Banker to describe RMA as “the trade group responsible for guarding credit quality and promoting risk management.”
Headquartered in Philadelphia, Pennsylvania, RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by over 20,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.
How Do I Benefit from RMA Membership?
Enjoy networking opportunities, exposure, and referrals with the industry's key decision makers and managers. Attend frequent meetings and seminars on relevant topics. Be up to date on important lending issues. Broaden contacts and swap successes with peers at frequent local and national meetings. Continually improve with unique opportunities to hear from the industry's top leaders and managers.
What's Included with My Membership?
AT THE LOCAL LEVEL:
- Local chapter meetings with top experts as speakers.
- Frequent opportunities to swap ideas with peers.
- Peer Round Tables designed to address common concerns.
- Seminars on topics critical to your job function.
- Life-long professional alliances.
PERIODICALLY:
-
The RMA Journal
®
(10 times a year).
- Pertinent regulatory updates.
- Information on the newest lending and credit tools.
- Updates on industry trends and technology.
EVERY YEAR:
- Access to RMA's Online Member Roster.
- Invitation to the Risk Management Conference.
-
Annual Statement Studies
®
at a discount.
- Member institutions will receive free copies of the Statement Studies based on their level of contribution of financial statements. Professional members and noninstitutional members are eligible to purchase the Statement Studies at a 15% discount off of nonmember prices.
- Free downloads of Industry Study Packs.
PLUS:
- Special reports of interest to you.
- Cost-effective training for your staff.
- Networking opportunities.
- Generous discounts on RMA products.
- Bulletins on hot topics to keep you informed.
Who Can Join RMA?
The following entities are eligible for membership: banks, bank holding companies, savings banks, savings and loans, private banks, trust companies, investment banks, finance companies, economic development corporations, leasing companies, governmental agencies responsible for the supervision and regulation of RMA member institutions, and professional firms that provide services related to risk management to financial institutions. Individual membership is open to all personnel involved in lending and risk management in member organizations.
Join RMA!
Institutional Membership
For those financial institutions, private and governmental, active in lending, in the professional identification and management of credit and related risks, in other aspects of risk management, and in providing related financial services. Also, for regulatory and supervisory authorities at state or national level, governmental entities without material lending activity, including Small Business Administration, economic development authorities, small business development centers, and others. Other organizations, private and governmental, that are not financial institutions but whose primary functions and activities in credit and risk identification and management closely parallel those of financial institutions.
Before applying, please review membership details.
Associate Membership
For those persons whose institution is a member and want to join. For a definition of “institution," see “Institutional Application” above.
Before applying, please review membership details.
Professional Membership
For those in organizations and entities not eligible to be Institutional Members but are regularly involved in credit risk identification and management for their own account (such as insurance companies and securities broker-dealers) and professional or service organizations or firms that directly assist financial institutions in carrying out their credit-related mission (such as accounting firms, law firms, and similar consultants).
Before applying, please review membership details.
Academic Membership
Academic Representatives shall be those persons who meet all requirements set by the RMA Board of Directors for such membership, who are employed by organizations and entities not eligible to be Institutional Members but are regularly involved in instructing and advising on the mitigation of credit, operational, and market risk for their own institution's curriculum or are directly assisting financial institutions in carrying out their risk-related mission. (Examples include professors, deans, and teaching assistants.) Academic Representatives may participate in RMA activities appropriate to their interest and expertise.
Before applying, please review membership details.
Student Membership
A candidate for membership must be a full-time student (not currently employed full time) and be enrolled within a major associated with risk management (business management, administration, finance, or accounting). Undergraduate freshmen are excluded from membership. All other undergraduate and graduate-level students are eligible.
Before applying, please review membership details.
Questions About RMA Membership?
Contact Member Services:
By phone: 800-677-7621, prompt #2
By fax: 215-446-4100
By e-mail: member@rmahq.org