WASHINGTON (12/4/13, UPDATED: 1:45 P.M. ET)--Rose Bartolomucci, president/CEO of Towpath CU, Akron, Ohio, highlighted how regulatory compliance issues have hampered her credit unions' attempts to serve its 21,000 members at this morning's House Financial Services subcommittee on financial institutions and consumer credit hearing.
WASHINGTON (12/4/13, UPDATED: 10:25 A.M. ET)--"The crisis of creeping complexity with respect to regulatory burden is very real" for credit unions and other community-based financial institutions, Rose Bartolomucci, president/CEO of Towpath CU, a state-chartered, privately insured credit union in Akron, Ohio, said in testimony before members of the House Financial Services subcommittee on financial institutions and consumer credit at a just-started hearing this morning.
Credit union concerns regarding regulatory burden will be heard when Rose Bartolomucci, president/CEO of Towpath CU, a state-chartered, privately insured credit union in Akron, Ohio, testifies before the House Financial Services subcommittee on financial institutions and consumer credit today.
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