Compliance CUSO Celebrates Two Years
COMPASS 4 CUs LLC, a Woodbridge, Va.-based CUSO providing regulatory compliance services, announced its two-year anniversary this August.
The CUSO said it has 34 clients, including credit unions, state leagues and associations. It has provided protection to more than $2 billion in member assets since its opening in 2010, the CUSO said.
“We provide external compliance officers whose service is customized and personal, taking time to get to know each client’s needs instead of offering a cookie cutter approach. We are credit union professionals who serve only credit unions, so we ‘talk the talk and walk the walk.’ We maintain a pure brand that's focused only on regulatory compliance for credit unions,” said Gaye DeCesare, president/CEO of COMPASS 4 CUs.
COMPASS provides services such as Bank Secrecy Act reviews, policy and procedure reviews, marketing compliance reviews, website audits and training.
The CUSO is wholly owned by the $297 million Belvoir Federal Credit Union and serves credit unions nationally.