E-Learning Contract Provides CostSavings

SANTA ANA, Calif. - (04/13/05) -- Orange Count Teachers FCU said itexpects to save as much as $200,000 a year by implementing anonline compliance training program provided by OutStart. OutStartStudio completes training faster for compliance on the Bank SecrecyAct, USA Patriot Act, Office of Foreign Asset Controlled otherregulatory requirements, providing an average cost savings of$4,000 per course, according to the $5 billion credit union. Sinceimplementing Studio, the credit unions aid it has reduced trainingtime from an average of four months per course to just onemonth.