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Credit unions looking to shelter themselves from the growing regulatory storm may be best served by developing and sticking to a “best practices” scenario that puts compliance at the center of credit union operations, according to consultant Pam Perdue.

Perdue, chief compliance strategist for Continuity Control, a New Haven, Conn., financial consulting firm, outlined some stormy regulatory weather conditions for community financial institutions on Wednesday at a Continuity Control webinar, “Enforcement Actions Survey: How to Avoid Being the Next Victim of Increased Regulatory Scrutiny.”

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