ARLINGTON, Va. – Arlington Community FCU has signed with COMPASS 4 CUs to provide it with regulatory compliance services.
The $190 million credit union will receive comprehensive compliance support including Bank Secrecy Act reviews, policy and procedure reviews, web site audits, training and unlimited general compliance support.
COMPASS 4 CUs is an Ashland, Ky., CUSO.
Former Federal Reserve Vice Chair for Supervision Randal Quarles, who served during President Trump's first term, said members of the Fed board should be removable by the president, but that the decentralized structure of the Fed will ensure that monetary policy decisions remain sound.
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In a strategic shift, the Walnut Creek-based company has tapped a trio of former PacWest executives to fill its top three management positions.
