COMPASS 4 CUs, LLC, a Woodbridge, Va.-based CUSO providing regulatory compliance consultation services, announced the addition of the $106 million, Duncan, Okla.-based Halliburton Employees’ FCU and the $67 million, Richmond, Va.-based Entrust Financial CU as new clients.
As part of their partnership with COMPASS 4 CUs, the two credit unions will receive a variety of regulatory compliance services including Bank Secrecy Act reviews, policy and procedure reviews, marketing compliance reviews, website audits and training.
“We chose COMPASS 4 CUs because of their in-depth knowledge of specific credit union regulatory issues,” said Susan Adams, CEO for Entrust Financial CU. “Also, knowing the staff and their individual expertise in the industry and years in compliance was very instrumental in our decision. They not only had the compliance knowledge but complimented it with their practical experience.”
Added Carol Page, vice president of human resources and operations for Halliburton Employees’ FCU, “We are excited to have partnered with COMPASS 4 CUs, LLC and look forward to using them to help us with compliance in all areas as we continue to grow and the regulatory demands increase.”