Community lenders: ‘No end in sight’ to new compliance burdens

House lawmakers examining the rollout of the Dodd-Frank Act continue to focus their attention on the challenges facing the nation’s community banks and credit unions. During a recent hearing, members of the Subcommittee on Financial Intuitions and Consumer Credit weighed the impact of new compliance costs on the health of small financial institutions. Read on to learn what community lenders had to say about where compliance costs are likely to head in the future.