3 Big Compliance Problems Facing Small Credit Unions – and How to Solve Them
October 08, 2024
Being small isn't necessarily a bad thing. Smaller credit unions enjoy greater agility when it comes to decision making and have closer ties between staff and members than their larger counterparts. However, being small can also come with challenges, like these common ones: managing consumer complaints, sticking to an adequate audit schedule and managing findings resolution tracking, and staying on top of vendor management.