In today’s fast-paced regulatory environment, credit unions are under immense pressure to maintain compliance while delivering exceptional member service. Managing deposit and IRA documentation in-house may seem cost-effective, but it often comes with hidden risks and inefficiencies. That’s where Wolters Kluwer’s Deposit and IRA Document Suite (DIDS) steps in — offering more than just a document package. It’s a strategic compliance solution designed specifically for credit unions.
1. All-inclusive document coverage
DIDS isn’t just a collection of forms — it’s a comprehensive suite that includes:
- 100% of all our deposit and tax-advantaged account (TAA) static forms
- Applications
- Account Opening disclosures
- Servicing and operational forms
- Deposit change notices and IRA amendments
- All related informational brochures for Deposit and TAA accounts
- Licensing for unlimited transactions, platforms, and formats
This means your credit union gets everything it needs to stay compliant and serve members efficiently — without juggling multiple vendors or worrying about gaps in coverage.
2. One vendor, one contract, one warranty, zero headaches
Many credit unions depend on separate providers for lending, deposit, and IRA content. This fragmented approach increases administrative burden and compliance risk. DIDS consolidates all your documentation needs under one roof, backed by:
- A single, industry-leading warranty
- Continuous compliance monitoring
- Seamless integration with Wolters Kluwer’s content
This unified approach simplifies vendor management and ensures consistency across all channels — from branches to mobile apps.
3. Built-in compliance expertise
With over 180 years in compliance and more than 30 years focused on credit unions, Wolters Kluwer brings unmatched regulatory insight. DIDS gives you access to:
- Content reviewed by 245+ compliance experts
- Real-time updates on federal, state, and local regulations
- Content tailored to your credit union’s policies and procedures
Instead of dedicating internal resources to monitor regulatory changes and legal challenges , your team can focus on what matters most — your members.
4. Cost predictability and risk reduction
Regulatory changes and global events can trigger urgent updates and costly mailings. DIDS includes all deposit disclosure related change notices and annual Tax-Advantaged account amendments in its pricing, helping you:
- Avoid unexpected expenses
- Stay ahead of compliance deadlines
- Reduce operational risk
It’s a smarter way to budget and a safer way to operate.
5. Consistency across all channels
In-house content often leads to inconsistencies between branches, websites, and mobile platforms. DIDS ensures your disclosures and forms are:
- Always up to date
- Consistent across all member touchpoints
- Backed by a secure warranty
This consistency builds trust and enhances the member experience.
The bottom line
Managing your own content might seem like a good idea — until it isn’t. With DIDS, credit unions gain peace of mind, operational efficiency, and a trusted partner in compliance. It’s more than just a document package — it’s a strategic advantage.
Ready to reduce risk and reclaim your team’s time?
Visit Wolters Kluwer’s DIDS page to learn more.
