877.806.7412
Home»Press

COMPASS 4 CUs Announces New Ownership

COMPASS 4 CUs, a credit union service organization (CUSO) that specializes in regulatory compliance, announced a change in their ownership from Belvoir Federal Credit Union. Effective May 1, 2016, COMPASS’ ownership transferred to Alexandria, Virginia based PenFed Credit Union, as a result of the merger between the two credit unions.

Woodbridge, VA, May 17, 2016 — COMPASS 4 CUs, a credit union service organization (CUSO) that specializes in regulatory compliance, announced a change in their ownership from Belvoir Federal Credit Union. Effective May 1, 2016, COMPASS’ ownership transferred to Alexandria, Virginia based PenFed Credit Union, as a result of the merger between the two credit unions.

President/CEO Gaye DeCesare was keen to stress that despite the change in ownership, the CUSO is maintaining a 'business as usual” focus. 'Our current and future clients can expect the same high quality, customized compliance services that we’ve been providing for the last five and a half years,” stated DeCesare. 'We look forward to being a part of the PenFed family and the opportunities this change presents.”

COMPASS 4 CUs now serves 25 clients, helping protect over $10.5 billion in member assets. In addition to consulting services, COMPASS provides independent testing, risk assessments, and training programs to credit unions, credit union leagues, and other credit union organizations nationwide.

About COMPASS 4 CUs, LLC.
COMPASS 4 CUs, LLC is a Credit Union Service Organization (CUSO), focusing solely on regulatory compliance issues for the credit union system. COMPASS 4 CUs provides compliance and consultative services to credit unions, credit union leagues, and other credit union service providers nationwide. For more information, visit www.compass4cus.com.

###