In 2011, AuditLink, the audit and compliance division of CU*Answers, launched an auditing service for clients using the CU*BASE^® core system. Since every financial institution is required to conduct an annual Bank Secrecy Act (BSA) and an Automated Clearing House (ACH) audit, CU*Answers tapped the knowledge of Jim Vilker, a NAFCU Certified Compliance Specialist (NCCO) and Marsha Sapino, an Accredited ACH Professional (AAP), to utilize their knowledge of BSA, ACH, and the core system to add these auditing services to clients. The number of audits performed has steadily increased each year.

In 2011 AuditLink had three ACH and two BSA audits.  2012 grew to five ACH and six BSA audits and 2013 brought in six ACH and seven BSA audits. This year, AuditLink is right on track to exceed the prior years, having already scheduled six ACH and seven BSA audits. “Word is getting around that we have this competitively priced service to offer.  We also offer a 10% discount for clients that sign a three year contract and many have taken advantage of that deal.” said Sapino, “We are confident that the numbers will continue to grow”.