Compliance Services

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


Stedt is a certified compliance officer with 20 years of experience in financial institutions. Her hands-on involvement in a diverse range of positions within the financial realm enables her to fully understand the intricacies of credit union operations. Specifically, she has experience in risk management, internal auditing, training, compliance and operations. She also has the ability to establish, develop, and strengthen programs that facilitate credit union compliance with regulations. 


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 Jennifer Stedt by email,

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