Risk Management: Your Role Model is on Main Street, not Wall Street. The new teachers of risk management should be the community banks and credit unions. The public is still panicked by the news of big banks closing or merging. New Jersey, where I live, that means nearly 350 institutions that their peers can use as role models and mentors. Since 1991 the federal banking laws have significantly bulked up bank regulations, and more banks are putting in enterprise-wide risk management processes in place, including those small entities.”]
Source: https://www.cuinfosecurity.com/blogs/risk-management-your-role-model-on-main-street-wall-street-p-86