CP FCU Launches CU Rx For Compliance Monitoring
JACKSON, Mich. – CP FCU has introduced a new CUSO called CU Rx to provide risk management and compliance services for credit unions.
CU Rx said it offers review and audit services for a wide scope of regulations and best practice topics. Expert solutions are tailored to the credit union’s needs to help clients better mitigate and manage risk while strengthening compliance, policies, and controls. CU Rx conducts training to ensure a client’s staff understands compliance on specific regulations and best practices and to avoid the risks and issues that surfaced in the CU Rx review process. By proactively conducting quarterly or annual risk management reviews, the credit union client can better meet and maintain regulatory requirements, the company said.
CP FCU is a $323 million credit union.