What does compliance truly cost your credit union? During last November’s CEO Strategies meeting it was stated by a number of CEOs that the cost of compliance is killing their credit union. AuditLink took this as a challenge. In June, at the Leadership Conference, CU*Answers and AuditLink announced that they will be running successive contests meant not only to see who can develop a way to account for the cost of compliance, but who can implement the best template into their credit union’s operations—with a total prize of $5,000 per contest!
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