District Government Employees Federal Credit Union and Whitefish Credit Union collaborate with COMPASS 4 CUs for compliance support
WOODBRIDGE, VA (January 12, 2016) — COMPASS 4 CUs will provide regulatory compliance support and assistance to District Government Employees Federal Credit Union (DGEFCU), located in Washington, DC, and Whitefish Credit Union of Whitefish, MT.
As part of DGEFCU’s new collaboration with COMPASS, they will receive unlimited compliance support from COMPASS’ team of dedicated compliance experts, which includes policy, procedure, and disclosure reviews, advertising/marketing/website reviews, risk assessments, independent testing (SAFE Act, ACH, BSA), and more. “The compliance expertise we receive from COMPASS enables our credit union to focus on doing what we do best – serving our members – in a cost-effective way,” stated Carla Decker, President and CEO of DGEFCU.
Whitefish CU will receive unlimited marketing and advertising reviews, as well as general compliance support. Eldon Tilley, whose previous employer utilized the compliance services that COMPASS offers, is thrilled to be working with COMPASs again in his new role as the Vice President of Marketing for Whitefish CU. “I’ve always been impressed by the quick turnaround time that I get from COMPASS on compliance projects, and look forward to continuing our relationship,” he stated.
COMPASS 4 CUs now serves 26 clients, helping protect over $6.2 billion in member assets. In addition to credit unions, COMPASS works with state leagues, the Credit Union National Association (CUNA), and other credit union associations.