Compliance Services

The Minnesota Credit Union Network's Compliance & Audit Consultant assists credit unions in meeting ongoing regulatory needs and provides compliance and auditing services on a project-by-project basis.

The following list of services is a general outline of functions performed through the MnCUN Compliance & Audit Consultant Program. Additional services may be available upon request:

 
  • Accounts Payable/Expense Reports
  • Bank Secrecy Act
  • Branch Operations
  • Collection Queues
  • Consumer Lending
  • Credit/Debit Card Administration
  • Deposit Products
  • Employee & Volunteer Accounts/Loans
  • FACT Act
  • Fraud Investigation/Mitigation
  • Home Mortgage Disclosure Act
  • Home Ownership Protection Act
  • Identity Theft Red Flag Rules
  • Marketing/Advertising
  • New Membership Opening, Including CIP
  • Overdraft Protection Program
  • Policy Review
  • Quality Assurance/Exception Reports
  • Real Estate Lending (Reg Z)
  • Real Estate Settlement Procedures Act
  • Reconciliations: Bank & General Ledger
  • Reg B Equal Credit Opportunity Act
  • Reg CC Funds Availability
  • Reg D Reserve Requirements
  • Reg DD Truth in Savings
  • Reg E Electronic Funds Transfer
  • Right to Financial Privacy Act
  • SAFE Act
  • Safe Deposit Boxes
  • Safeguarding Member Information
  • Security Program Part 748
  • Supervisory Committee Annual Audit
  • Training
  • Vendor Management
  • Website Compliance
  • Wire Transfers

 

For additional information, contact
MnCUN Compliance and Audit Consultant Becky Frederick by email 
or by phone at (651) 288-5509, or at (800) 477-1034.

Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034