President/CEO, Gulf Cost Community FCU
Compliance. We’re an $80 million asset credit union, and we’re quite profitable, so we don’t struggle much with keeping up with the cost. But that's a problem for many credit unions. Regulatory compliance is hamstringing the way we do business, and it could kill the industry. We want to emphasize this to our representatives when we meet this week.
Not only does absenteeism affect your bottom line, it increases everyone’s workload.