Newsroom
August 26, 2016
Members' reg burden survey responses due Friday
Responses to NAFCU's Economic & CU Monitor survey on credit unions' regulatory burden are due Friday.
The survey requests information about the increase of compliance staff at credit unions since the enactment of the Dodd-Frank Act. It also asks what areas of compliance are expected to require additional staff members in the future.
This Monitor survey also asks what percentage of a credit union's total operating costs is driven by regulatory compliance and what areas of compliance-related expenses are expected to increase over the next three years.
Survey results from the Monitor help NAFCU's advocacy efforts when meeting with lawmakers and regulators. The association continues to advocate the need for regulatory relief for credit unions.
Member credit unions can fill out the Monitor survey online or via an Excel file to be returned to research@nafcu.org.
The survey requests information about the increase of compliance staff at credit unions since the enactment of the Dodd-Frank Act. It also asks what areas of compliance are expected to require additional staff members in the future.
This Monitor survey also asks what percentage of a credit union's total operating costs is driven by regulatory compliance and what areas of compliance-related expenses are expected to increase over the next three years.
Survey results from the Monitor help NAFCU's advocacy efforts when meeting with lawmakers and regulators. The association continues to advocate the need for regulatory relief for credit unions.
Member credit unions can fill out the Monitor survey online or via an Excel file to be returned to research@nafcu.org.
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