The importance of an effective independent audit, an original component of the BSA/AML Compliance Program, cannot be overstated. A sound practice is for credit unions to conduct independent testing generally every 12 to 18 months. VolCorp understands the importance of an independent audit and has trained consultants available to conduct an on-site BSA audit for your credit union. A full BSA/AML audit will not only meet the required annual independent assessment suggested by the Bank Secrecy Act (BSA) and USA PATRIOT Act, but assist you in preparing your credit union for its next regulatory review.

For more information about VolCorp’s BSA Audit service, please contact Michelle Palmer at (800) 470-3444 or (615) 232-7900, extension 277 or email marketing@volcorp.org.