June 18th, 2010 – WESCOM CREDIT UNION is one of the largest credit unions in the country with more than $2.8 billion in assets. Established in 1934, Wescom is a not-for-profit, financial services cooperative serving more than 250,000 members at branches located throughout Southern California. Credit Union members have access to more than 28,000 free ATMs nationwide and a wide range of financial services, including free checking and free online bill paying. Membership is open to people living and working in Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara, San Diego and Ventura counties.
The Credit Union Vendor Management Program (CU Vendor) is a comprehensive solution designed specifically for credit unions to manage their vendor contract relationships. CU Vendor has been developed to satisfy the compliance requirements under NCUA’s Guidance for Evaluating Third Party Relationships Risk (NCUA Letter 07-CU-13).