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Bank Compliance Quotes

For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you Picture Quote #1

I mean, Dodd-Frank is strangling small community banks. It doesn’t make any difference what the interest rate is. They’re not - they’re not going to loan the money because they can’t make any money for one thing plus the cost of compliance Picture Quote #1

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For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you (Bank Compliance Quotes) I mean, Dodd-Frank is strangling small community banks. It doesn’t make any difference what the interest rate is. They’re not - they’re not going to loan the money because they can’t make any money for one thing plus the cost of compliance. (Bank Compliance Quotes)