University

9 Industry Trends that Make Accounting Difficult for Small Credit Unions

April 9, 2020

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Small credit unions face unique challenges compared to their larger counterparts, mostly due to a lack of resources.

We have compiled data from dozens of small credit unions across the country to produce this in-depth whitepaper. Over the past five years, we’ve consulted with a wide swath of credit unions and found insightful trends in the <$100M asset range.

Trends discussed in this whitepaper include:
1. The current challenges of low unemployment and high cost-of-living
2. Limited budget for hiring and salaries for qualified staff
3. The pitfalls of wearing too many hats and informal training
4. How outsourcing can alleviate pain points

Please fill out the form below to download it.