Compliance Talent Gap Challenges Credit Unions
Is your credit union struggling to find and retain just the right compliance pros for all the various rules and regulations that must be followed? With the talent gap expanding more quickly than CUs can keep up, outsourcing a portion of compliance is becoming an enticing solution. See how one credit union is making such a strategy work.
It is not uncommon to find a credit union with a pressing need for compliance expertise. What is unusual, however, is finding the right people to fill that need.
There are multiple reasons credit unions have difficulty hiring experienced compliance professionals. Chief among them is the sheer speed with which the discipline has evolved. Just a de...