Comprehensive Compliance Audits

Regulations change often, impacting your operations, advertising, policies, and much more. PolicyWorks advocates a preventative approach to compliance with our comprehensive compliance audit solution. Our compliance audit will review all facets of your credit union’s operation for compliance, from mortgage and consumer lending to deposit and advertising regulations. Following a compliance audit, PolicyWorks identifies the barriers to compliance within your credit union. We provide the support you need to turn the findings into a program for on-going compliance – before the examiner’s next visit.

The PolicyWorks team of professionals —former credit union staff, community bankers, examiners, and attorneys—bring an extensive understanding of regulatory compliance. Because we know the regulations so well, our reviews find the things you may have missed.  And, with our extensive experience and connections in the industry, we can advise on best practices and current areas of scrutiny by examiners. You’ll feel secure knowing your credit union is in compliance with respect to deposit, operations and lending regulations. Let us read the fine print so you don’t have to.

Our comprehensive audits review compliance with all applicable federal laws and regulations, including, but not limited to:

  • Appraisals
  • Bank Secrecy Act
  • Children’s Online Privacy Protection Act
  • Credit Card Act of 2009
  • Electronic Funds Transfer Act
  • Electronic Signature Act
  • Equal Credit Opportunity Act
  • Expedited Funds Availability Act
  • Fair Credit Reporting Act
  • Fair Housing Act
  • Home Mortgage Disclosure Act
  • NCUA Rules and Regulations
  • OFAC
  • Privacy Act
  • Real Estate Settlement Procedures Act
  • Reserve Requirements
  • SAFE Act
  • Servicemembers Civil Relief Act
  • Truth in Lending
  • Truth in Savings