When it comes to the critical credit union priority of compliance, you have to do it right. With a compliance management system (CMS), you can stay on track and be sure you are remaining compliant.
A CMS is a comprehensive program that helps your credit union remain fully aligned with all appropriate laws and regulations. Done correctly, it spans all aspects of your day-to-day operations.
Think of it as a compliance game plan, one with several key elements designed to work together to both ensure compliance and help your credit union gain operational efficiencies. When rules and regulations stop being roadblocks to what you are trying to accomplish, it becomes a smoother and more streamlined operation.
Here is a quick look at each of those key elements:
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