Tremendous growth and profitability are often accompanied by challenges. Such was the case for the $116 million Towpath Credit Union, an Ohio cooperative experiencing unprecedented demand for its loan products. As the lending program grew, so too did the credit union’s need for a proactive and comprehensive regulatory compliance strategy—one that would cover each of the credit union’s product and service lines. Towpath and its compliance partner, PolicyWorks, share the story of the credit union’s journey.
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