06/17/2026 03:41 pm
KENNEWICK, Wash.—For years, small credit union leaders have walked past stacks of boxes in basements, attics or backrooms, or paid monthly fees for offsite storage units filled with member account statements dating back 40, 50, or even 60 years — records they were afraid to destroy because of confusing regulatory guidance, contends Doug Wadsworth, who adds that burden just got significantly lighter.