WOODBRIDGE, VA (June 3, 2013) COMPASS 4 CUs, LLC, will provide regulatory compliance support and assistance to Champion Credit Union ($184M) located in Canton, NC.
"Champion Credit Union is excited about our partnership with COMPASS. With the compliance world changing so often, having a resource like COMPASS to turn to for assistance will not only benefit the credit union, but benefit our members as well," stated Mike Clayton, President of Champion CU.
As part of Champion Credit Union's new partnership with COMPASS 4 CUs, they will receive a variety of compliance services from COMPASS, including advertising/ marketing reviews, Bank Secrecy Act Reviews, website audits, and annual staff training on compliance issues.
"At COMPASS, our compliance professionals strive to develop a specialized knowledge of each client's current procedures and evaluate how to make all-encompassing improvements. We understand that each client's needs are different, which is why our approach to every client is unique to their given circumstance," stated Gaye DeCesare, CEO of COMPASS 4 CUs, LLC.
COMPASS 4 CUs currently serves 20 credit union clients across the United States. COMPASS 4 CUs provides cost-effective compliance solutions to credit unions and works with many credit union trade associations on various training, seminars, and conferences.
Champion CU was founded in 1932 and remains the oldest non-postal, public credit union in North Carolina. With its original office being located inside a paper mill, the credit union started out small and has grown in size to accommodate its increasing member population. Champion CU now serves over 20,000 members across the state of North Carolina. For more information, visit www.championcu.com.
About COMPASS 4 CUs, LLC.
COMPASS 4 CUs, LLC is a Credit Union Service Organization, focusing solely on regulatory compliance issues for the credit union system. COMPASS 4 CUs is a wholly-owned subsidiary of Belvoir Federal Credit Union, providing compliance and consultative services to credit unions, credit union leagues, and other credit union service providers nationwide. For more information, visit www.compass4cus.com.