1.2 employees on compliance for every one employee focused on lending and bringing in business | Nebraska banker
A remarkable statistic from a small bank in Nebraska.
Banking in a Time of Over-Regulation | WSJ
Consider a conversation I had recently with a banker in Nebraska. For the first time, he said, his bank now devotes more work hours to compliance than to lending. Specifically, he has 1.2 employees on compliance for every one employee focused on lending and bringing in business.
