Compliance Specialists are hired, trained and put through certification classes by Credit Union Resources. Throughout the year they divide or share their time among assigned credit unions. While working at a credit union services provided include the following:
Select from a limited scope or expanded full scope website reviews. Limited scope conducts an review of the credit union’s website for compliance related items only. The expanded full scope option reviews the website for regulatory requirements, as well as a review of web host vendor, regulatory review of third party vendors, credit union due diligence and site compliance with applicable Federal Reserve and NCUA applicable rules and regulations.
Shared Compliance Resources provides assembling, review and documentation of information subject to NCUA Regulatory Requirements covered in Supervisory Letter 07-CU-13, Evaluating Third Party Relationships. The process includes the following:
After a complete review assistance is provided to gather all necessary background information, compile and document compliance policy elements that include: intent to comply, responsibilities, defining terms and frame actions in a logical sequence.
*Shared Compliance Resources does not represent any of its functions to take the place of or serve as legal advice.
Financial & Technology Resources
4455 LBJ Freeway
Dallas, Texas 75244-5998
Phone: (469) 385-6400
Toll Free: (800) 442-5762