(Des Moines, Iowa – November 1, 2011) – To help credit unions more efficiently meet regulatory challenges, the regulatory compliance CUSO PolicyWorks, has developed a new online resource, PolicyAid. The online library of credit union policies gives subscribers access to downloadable policies. The documents are customizable so that credit union staff can quickly adapt the policies to fit their own individual operations.
Documents available from PolicyAid include policies, such as:
- Asset Liability Management
- Bank Secrecy Act
- Disaster Recovery
- Identity Theft Red Flag
- Indirect Lending
- Risk Based Consumer Lending
- Vendor Management
PolicyAid will be available to subscribers via a password-protected portion of PolicyWorksLLC.com. The library will be updated on a quarterly basis to reflect new and amended regulations.
“The compliance burden facing credit unions today is difficult to say the least,” said Justin Hupfer, PolicyWorks CEO. “An effective compliance program depends on having the proper policies in place. PolicyAid will help credit union staff – both novices and those trained in compliance – craft and update those policies efficiently so they can get on with the business of helping members.”
Credit unions will be offered annual subscriptions for $299 each.
About PolicyWorks
PolicyWorks is an Iowa-based firm known for providing solutions to credit unions' regulatory compliance needs. PolicyWorks has the resources, vision and experience necessary to help clients resolve their most challenging compliance issues. For more information, visit www.PolicyWorksLLC.com. |
There are currently no comments for this item.