Who We Are
We are an audit company that specializes in Credit Union compliance. Bases Covered Auditing is a locally owned Credit Union Service Organization. Our knowledgeable staff are experts in Internal Audit, Compliance, and Risk Management.
What We Do
We offer accurate, professional, and cost-effective consulting including:
- Internal Monitoring
- Policy & Procedures
- Internal Audits
- Regulatory Compliance Audits
- Risk Assessments
- Internal Controls
- Consultative Reviews
Mission
A Trusted Partner Offering Customized Audit/Compliance Solutions Assuring A Positive Regulatory Experience that Protects Our Clients' Success.
Auditing Services
Deposit Regulations
- Reg D - Reserve Requirements
- Reg E – Electronic Funds Transfer Act
- Reg CC – Expedited Funds Availability
- Reg DD - Truth in Savings Act
- Garnishment of Accounts Containing Federal Benefit Payments
Lending Regulations
- Reg C – Home Mortgage Disclosure Act
- Reg B – Equal Credit Opportunity Act
- Reg Z – Truth in Lending Direct/Indirect
- Reg G – S.A.F.E. Mortgage Licensing Act
- SCRA/MLA - Service Member Civil Relief Act/Military Lending Act
- Fair Housing Act
- Reg X - Real Estate Settlement Procedures Act (RESPA)
- HUD Counseling Notice & Requirements
- Homeownership Counseling
- Consumer Protections in Sales of Insurance
- Flood Disaster Protection Act
- Quality Control Audits
- Fair Lending
- FCRA / FACTA
Miscellaneous Regulations
- BSA / AML /CIP/ SAR/ CTR/ OFAC / Wire Transfers
- ACH - Automated Clearing House
- Advertising & Website Audit (Including ADA)
- Right to Financial Privacy Act
- Reg GG – Internet Gambling
- Reg P - Privacy of Consumer Financial Information
- UDAAP – Unfair, Deceptive, or Abuse Acts or Practices
Daily Monitoring
- Audit Link Reports
- BSA Monitoring (daily, weekly and monthly)
- Deposit Disclosure Annual Review
Internal Audits
- Due from Banks (Correspondent Banks Accounts)
- Accounts Payable
- Cash Counts
- Non-Interest Income Review
- Allowance for Loan Loss
- Various Policies & Procedures
- CU Gold Audit Link Reports
- Gift Cards, Travelers Checks
- Official Checks (Certified, Cashier’s, Money Orders)
- Investment Securities
- HR and Payroll
- Night Depository
- Employee Account Reviews
- Board of Director Loans/Overdraft Reviews
- Cash Disbursement Purchase and Accounts Payable
- Loan Operations Audit
- Deposit Operations Audit
- Loan Concentration
System Experience
- Fiserv
- CU*Answers
- Symitar
Contact us for a no-cost consultation to find out how BCA can assist in your risk management and compliance oversight.
Testimonials
I could not be happier with our decision to select Bases Covered Auditing as our internal audit partner. They are accessible and knowledgeable, which is a winning combination! I have first-hand evidence the virtual audit cycle we’ve built is strengthening our compliance efforts and improving our internal controls. Tom Boos
President/CEO
Billings Federal Credit Union
I consider the BCA team a true partner with our credit union in our ongoing risk management and compliance efforts. Their expertise has been invaluable in several areas including BSA compliance and auditing; loan reviews; transaction monitoring; operational audits; and others. They approach projects with a high degree of professionalism and effectively communicate results. Alayna Johnson
Vice President
Bluestone Federal Credit Union