Press

COMPASS 4 CUs Establishes Regulatory Compliance Partnerships with Northern FCU, Interior FCU, and PAHO/WHO FCU

WASHINGTON, DC – October 24, 2012 – COMPASS 4 CUs, LLC will provide regulatory compliance support and assistance to Watertown, New York – based Northern FCU ($188M), Washington, DC – based Department of Interior FCU ($140M) and PAHO/WHO FCU ($192M).

“Full service package clients receive access to what we call External Compliance Officers (ECOs). The ECOs are what differentiate us from other compliance service providers. Our ECOs will develop a comprehensive knowledge of our client’s current processes and will work to cultivate, maintain, and/or make necessary changes to the compliance cultures at each client credit union. Simultaneously, our support team of specialists will be focused on providing comprehensive regulatory compliance solutions.” Stated Gaye DeCesare, President/CEO of COMPASS 4 CUs, LLC.

Each client will receive unlimited general compliance support, Bank Secrecy Act reviews, policy and procedure reviews, marketing compliance reviews, web site audits, independent testing (SAFE Act, ACH, BSA), and more.

COMPASS 4 CUs now serves 20 clients, helping protect over $2 Billion in member assets. In addition to credit unions, COMPASS 4 CUs works with state leagues and the Credit Union National Association (CUNA).

About COMPASS 4 CUs, LLC.
COMPASS 4 CUs, LLC is a Credit Union Service Organization, focused solely on regulatory compliance issues for the credit union system, no bank speak here. COMPASS 4 CUs is a wholly owned subsidiary of Belvoir Federal Credit Union, providing compliance solutions and consultation services to credit unions, credit union leagues, and other credit union service providers nationwide. For more information visit www.compass4cus.com.

---