GREENSBORO, N.C. Greensboro Postal CU has implemented Continuity Control’s regulatory compliance management system to help it keep up with new NCUA rules and regulations.
Tied directly to NCUA’s Automated Integrated Regulatory Examination Software, Continuity Control said its new platform automates the notification of regulatory changes, interprets the meaning of the compliance requirements and translates requirements into systematic deliverables for small- to mid-size credit unions. This new model takes into consideration the roles of credit union team members often tasked with compliance management, the compliance programs for a credit union outlined by NCUA requirements and includes a pre-defined system of organized tasks to match the granularity of regulatory compliance required by a credit union.
Greensboro Postal CU participated in the early adoption of the Continuity Control platform and has reported a vast reduction in regulation time, cost and stress. “While the solution is very powerful, working with the company could not be easier and my strategist is always there. After my most recent exam, it was clear to myself and our board the great value we have in Continuity Control,” said Carla Stamper, president of the $24-million credit union.