According to PolicyWorks Regulatory Counsel Jeff Andersen, there is actually some good news when it comes to the regulations that have plagued the lives of credit unions as of late. Really? Has a certain place we all don't want to go to frozen over?
Just hang on. In this episode Jeff explains three areas where credit unions will benefit with the most recent regs. We also discuss more rules coming down the turnpike in 2015 and what they mean for CUs. Does it ever end? Probably not. But Jeff puts things in perspective for credit unions dealing with the latest compliance issues. He also lists three ways they can manage the current deluge. As Jeff sums it up, "The hits keep on coming."
You might also want to check out PolicyWorks' recent white paper on the topics mentioned: "What's Next for Credit Union Mortgage Regulation Implementation."