In the years following the mortgage crisis, many lenders –particularly small and mid-size financial institutions andoriginators – have had difficulty keeping up with the changingregulatory landscape.

Regulatory compliance continues to be an increasing concern forthe industry, with analysts expecting compliance-related spendingto be a priority for financial institutions this year. But theindustry hurdles will not only be maintaining compliance, but alsoincreasing and retaining membership.

While credit unions have collectively increased assets by morethan 30% over the past five years, focus on their core business maybe at risk as the financial burden and focus of added resourcesneeded to remain compliant threaten to interfere with continuedgrowth.

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