ALBANY, N.Y. (3/8/12)--The Credit Union Association of New York (CUANY) is now offering CU Policy Pro--an online policy database previously offered on a subscription basis for $825 per year--as a membership benefit.
"In the current compliance environment, the development and maintenance of effective credit union policies is critical--but it's also very time-consuming," said William J. Mellin, president/CEO of the association. "CU Policy Pro makes the process much easier for credit unions."
With CU Policy Pro, authorized credit union employees can securely access, view, print and update their policies from any Internet connection, said CUANY. More than 200 customizable policies are available in the database--all written by regulatory experts and updated semi-annually to ensure compliance.
Nearly 100 credit unions have registered for the program since the association's announcement.