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Loan growth, regulatory burden and membership issues are the top industry challenges named by credit union employees going into 2015, according to results from a survey posted on NAFCU's Anthony Demangone's blog, Musings from the CU Suite.

In November, Demangone, NAFCU's executive vice president and COO, posted a survey on his blog asking about challenges faced by the credit union industry, as seen through the eyes of credit union employees. When asked what will the biggest challenge to credit unions in 2015, 24.7 percent of respondents said loan growth, followed by regulatory burden (24 percent), membership issues (12.7 percent) and technology (7.1 percent).

In the survey, Demangone also asked credit union managers what their biggest challenges would be in 2015. Time management was the most popular answer by 15.3 percent of respondents, followed by a lack of resources (10.3 percent), regulatory burden (9.1 percent) and leadership and management issues (8.7 percent).

Finally, Demangone asked credit union leaders what they thought would be their staffs' biggest issues in 2015. The No. 1 answer was lack of training (14.2 percent), followed by regulatory burden (12.1 percent) and adjusting to a new sales culture (9.6 percent).

Also on his blog, Demangone sought feedback to another survey of credit union challenges from the perspective of board members and other volunteers. Results will be delivered before year-end and will also be used in drafting a credit union director handbook that will be unveiled at NAFCU's Board of Directors and Supervisory Committee Conference next year in Louisville.