WASHINGTON — Credit unions are inpretty good shape despite the flood of regulations that continuesto wash over the industry, including the new qualified mortgagerules from the Consumer Financial Protection Bureau.

That's the take from AndyGreenawalt, CEO of Continuity Control, a New Haven, Conn.-basedprovider of compliance technology to about 160 financialinstitutions, including about 65 credit unions.

“Credit unions are largely in fine shape,” Greenawalt saidTuesday in an interview with Credit Union Times at theGovernmental Affairs Conference. “Because of their capitalstructure, they have so many constraints imposed on them, theycouldn't get themselves in too much trouble.”

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