CU Companies Compliance Director earns national certification

NEW BRIGHTON, MN (July 5, 2016) — Ashley Holmes, CU Companies Compliance Director, was recently awarded the Certified Regulatory Compliance Manager (CRCM) designation from the Institute of Certified Bankers, a subsidiary of the American Bankers Association.
“Earning the CRCM designation validates Ashley’s experience and depth of education in the bank regulatory compliance industry,” said CU Companies CEO Brad Crandall.

The CRCM designation is awarded to individuals who demonstrate excellence in the field of bank regulatory compliance. To qualify for the CRCM certification, individuals must have certain levels of experience and education in the compliance profession, pass an exam, and agree to abide by a code of ethics. The CRCM exam covers regulatory requirements as they relate to credit, deposits/securities, safety and soundness, information reporting, and corporate responsibility.

Before her move to CU Companies Holmes began in the banking business at Wells Fargo and her experience there lasted just over five years. Today, Holmes has been with CU Companies for three years where her duties include managing state and federal law changes–including reviewing and interpreting the rules and regulations–implementing policies and procedures, managing form and disclosure changes, and implementing system enhancements. She also works with and guides CU Companies’ relevant business areas by working closely with internal teams to implement changes in a timely manner. In the mortgage sector she assists and supports all compliance related questions, coordinates all state licensing and NMLS requirements, as well as audits. Lastly, for the entire organization Holmes develops, trains, and audits BSA, AML, and SAFE Act policies and procedures.

Financial services professionals, working through the Institute of Certified Bankers, initiated the CRCM designation and six other designations in order to establish meaningful standards of knowledge in specialty areas of the financial services industry. ICB certifications formally recognize those who meet these standards and meet professional continuing education and development requirements.

ICB, with more than 11,000 certified members, provides financial services professionals with confidence, credibility, and recognition through its certifications. As a subsidiary of the American Bankers Association, ICB promotes the highest standards of performance in the financial services industry by validating individuals’ knowledge and expertise. For more information about the Institute of Certified Bankers and its professional certifications, call 202-663-5092 or visit

About CU Companies

CU Companies was founded in 1987 by three Minnesota Credit Unions to offer a competitive mortgage solution for their members. Now they are owned by over 60 credit unions in Minnesota and offer a wide range of products and services to numerous credit unions across the nation. For more information, visit


Matthew Doffing

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