WASHINGTON (8/7/12)--COMPASS 4 CUs LLC, a credit union service organization (CUSO) of Woodbridge, Va.-based, $282 million asset Belvoir FCU, celebrated its second anniversary Wednesday.
The CUSO was founded to offer cost-effective, preventative and credit union-focused compliance solutions to credit unions throughout the nation, said its press release.
Since August 2010, COMPASS 4 CUs has served more than 34 clients--credit unions, state leagues and associations. It has built its retainer client base to more than 17 credit unions. The CUSO also added two new regulatory compliance experts to its team and helped credit union clients protect more than $2 billion in member assets.
"We understood from the beginning that COMPASS 4 CUs needed to be different from any other regulatory compliance provider in the market," said Gaye DeCesare, president/CEO of COMPASS 4 CUs.
"We provided external compliance officers whose service is customized and personal, taking time to get to know each client's needs instead of offering a cookie cutter approach. We are credit union professionals who serve only credit unions, so we 'talk the talk and walk the walk.' We maintain a pure brand that's focused only on regulatory compliance for credit unions," DeCesare added.