Thread Starter: ComplyGuy
Title: Re: CRCM CE credits to be $50 for each submission?
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A couple of things from my perspective.
1. I'm not a fan of this change. It is definitely coming off as money hungry by the ABA.
2. There are still other options to get the credits without going to a conference. I'd imagine lots of state bankers association conferences and trainings will have preapproved credit. As do several of the online course providers like FIS Regulatory University and BVS.
3. I do think there is value to the certification. When you say "recognized standard" I'd say the people recognizing are the industry. If you want a compliance job at a larger bank, having a CRCM is almost a must have. If it isn't required, it is at least strongly preferred, and having that on your resume gets you in the door. If you are younger in your career and want to advance, I'd strongly recommend obtaining it for the doors that will open. It will set you apart from other candidates with similar on the job experience.
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