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Products

Tool allows CUs to download customize policies

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DES MOINES, Iowa--An online resource that gives subscribers access to downloadable, customizable policies has been made available by a Iowa-based credit union service organization.

The new resource, PolicyAid has been released by PolicyWorks, Des Moines, Iowa.

Policies available from PolicyAid include:

  • Asset liability management;
  • Bank Secrecy Act;
  • Disaster recovery;
  • Identity theft red flag;
  • Indirect lending;
  • Risk-based consumer lending; and
  • Vendor management.
PolicyAid is available to subscribers via a password-protected portion of PolicyWorksLLC.com. The library will be updated on a quarterly basis to reflect new and amended regulations.

Annual subscriptions are $299.

PolicyWorks is an Iowa-based provider of regulatory compliance solutions.

Alternative CU health benefits plan offered

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SACRAMENTO, Calif. and BOSTON (11/3/11)--Insurance broker Risk Strategies Company (RSC) is offering the Credit Union Health Benefits of America (CUHB) Plan to credit unions seeking an alternative to traditional medical insurance.

CUHB is a self-funded medical plan with protection against large claims and a capped maximum annual liability for each credit union.

Through a "group buying" arrangement, credit unions can collaborate on program offerings, direct service providers and save an average of 10% to 15% on medical insurance costs.

Through the CUHB plan, credit unions will have the option of a medical plan or a comprehensive benefit package, including dental, life and disability coverage.