Does worrying about the latest regulatory changes or rule revisions take up too much of your time? Do you need policies changed or created? Did your most recent visit by your Examiner reveal compliance problems at your credit union?
If you answered "yes" to any of these questions, you should consider participating in the Credit Union Compliance Specialist Program with the Georgia Credit Union Affiliates (GCUA).
What is the CU Compliance Specialist Program? In this program, a Compliance Specialist is hired by GCUA, trained and then leased to participating credit unions. The Specialist is shared between several credit unions to review, change, and in some cases, implement a compliance program for the credit unions. Time and expense allocated to each credit union coincides with the credit unions' participation level. There is no fuss with additional expenses - the credit unions pay a pre-determined monthly amount that covers everything from salary to training. Additionally, we offer contracted service for part time, full-time or short-term projects. The credit unions obtain the benefit of a specially trained employee who can perform a variety of compliance-related functions, as well as the knowledge base of GCUA's entire compliance team.
What does the Compliance Specialist do?
Click here to see the Compliance Specialist brochure (PDF).
Currently, GCUA has Compliance Specialists providing compliance support to numerous credit unions across Georgia, and is partnering with Rhode Island, Massachusetts and New Hampshire to provide these same services to their credit unions. The Specialists also meet regularly as a team to share best practices, network and train. This network of Specialists enhances the value to participating credit unions as well. With each new Specialist comes a different background and work experiences to share.
For more information, please call GCUA at (770) 476-9625 or (800) 768-4282, or email firstname.lastname@example.org.