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Credit: Nuthawut/Adobe StockFor nearly a decade, credit unions have confronted staffing shortages and notable turnover rates. A 2024 report by Wipfli showed that employee recruitment and retention was a top concern for nearly half (46%) of the credit unions that participated in their study.
Anecdotally, the talent gap feels especially acute within the governance, risk and compliance (GRC) function. Credit unions often share with ViClarity’s compliance team accounts of disruptive departures and prolonged job vacancies, each of which further complicates the already demanding responsibilities of GRC management.
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