DES MOINES, IA & COLUMBUS, OH (June 6, 2013) To help its member credit unions stay on top of regulatory requirements and curtail the burgeoning cost of compliance, the Ohio Credit Union League (OCUL) today announced its partnership with credit union compliance firm PolicyWorks.
Through this partnership, OCUL members will receive preferred pricing on ComplyRight, a comprehensive solution for credit union compliance needs. ComplyRight is a customizable bundle of compliance services, allowing a credit union to choose from lower levels of support to a full-service solution. Services range from review of marketing materials and web sites to compliance risk assessments and on-site program reviews.
“Regulatory compliance is a challenge for all credit unions and something that needs to be viewed strategically. We look forward to partnering with the Ohio League, which already provides a foundation of compliance support for its members. Together, we’ll enhance the compliance resources available for Ohio credit unions,” said PolicyWorks CEO Justin Hupfer.
OCUL President Paul Mercer said, “We are pleased to bring a strong market solution in the form of PolicyWorks to our Ohio credit unions. Coupled with the League’s existing compliance services, we are well positioned to support our Ohio credit unions as they face daily compliance and regulatory challenges.”
OCUL members will have also have access to PolicyWorks’ full suite of compliance services, including:
- Lending Compliance Services
- Bank Secrecy Act and SAFE Act Independent Testing
- Website Compliance Reviews
- Full-scale Compliance Reviews
- Marketing/Communications Reviews
- Compliance Training
About the Ohio Credit Union League
The Ohio Credit Union League, with offices in Columbus, is a state trade association representing 365 credit unions. Credit unions are not-for-profit financial institutions owned and democratically-controlled by their members. Ohio credit unions provide savings, loans, and other consumer financial services to 2.73 million members. To learn more, visit www.aSmarterChoice.org.
About PolicyWorks
PolicyWorks is a national leader of credit union compliance solutions. PolicyWorks provides compliance solutions to nearly 600 credit unions and has the resources, vision and experience necessary to help credit unions resolve their most challenging compliance issues. For more information, visit www.PolicyWorksLLC.com.