The Compliance Conundrum - PolicyWorks LLC

The Compliance Conundrum

 

In the classic 1969 western, “Butch Cassidy and the Sundance Kid,” two train robbers spend days fleeing a relentless railroad posse.

Every so often they look back, only to see their pursuers gaining on them. “Who are those guys?” they wonder in what becomes a running gag each time they pause.

In a way, credit unions also are being chased. For them, “those guys” are the regulators and examiners in charge of compliance. But unlike Butch and Sundance, there’s no getting away. It’s either comply or face sanctions.

Read more at Credit Union Magazine