Regs, regs, and more regs. Are you up for the task ahead?
One might be lulled into thinking that after the last five years, regulators might take a brief hiatus from cranking out a proliferation of regulations. But, alas, regulatory agencies have made it clear – they are just warming up. Now is the time for credit union managers to prepare for what lies ahead by lining up training and management tools necessary to not only comply with new regulations but thrive in what promises to be a challenging environment.
Keeping policies up to date with changing regulations.
TCT’s Compliance Solutions promise to stay up to date on all compliance issues, so that you can stay up to date as well. To accomplish this, we follow these steps:
- Evaluate your current policies and procedures
- Identify changes or enhancements for compliance
- Submit recommended changes for approval
- Provide compliant audits in accordance with regulations
- Deliver training to increase your staff’s
All aspects of our Compliance Solutions are conducted in a cost-effective manner.
To achieve the maximum benefit for your credit union, and to keep costs down, our Compliance Solutions utilize three distinct delivery methods:
The first is online access. This method will be used primarily for review and updates of policies and procedures. The second is via phone or streaming. This method will be used for regulatory updates, discussions of practices, and focused training. And lastly, on site visits will be employed to conduct audits and more personalized training.