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News Now

CU System
Speakers set for this weeks NASCUS state summit
CHICAGO (9/13/11)--The National Association of State Credit Union Supervisors (NASCUS) hosts credit union system leaders, state and federal regulators and dual chartering supporters at its annual State System Summit in Chicago Wednesday through Friday. Illinois Gov. Pat Quinn will address the group during a luncheon on Thursday. Speakers also will include:
* Debbie Matz, chairman of the National Credit Union Administration (NCUA); * Michael Fryzel, NCUA Board member; * Steve Antonakes of the Consumer Financial Protection Bureau; * State regulators Gavin Gee of Idaho, Bill Haraf of California, Ed Leary of Utah, and Roger Little of Michigan (retired); * Jeff Post, CEO of CUNA Mutual Group; and * Bill Klewin, CUNA Mutual compliance expert.
"The discussions at our summit will focus on how regulators and credit unions can continue to operate and to thrive in this increasingly complex economic environment," said NASCUS President/CEO Mary Martha Fortney, who indicated participants would discuss ideas on "how regulators and credit unions can work together to preserve safety and soundness and promote innovation." Other topics include economic recovery, the state of credit union examination, capital reform, consumer protection, systemic risk and how credit unions are performing in today's challenging economy. State regulators and NCUA will also meet for their annual Interagency Dialogue on Friday, and the NASCUS Credit Union Advisory Council will conduct an issues briefing on topics such as enterprise risk management and lessons learned from credit union failures. The week will close with NASCUS' Illinois Directors College, focusing on Illinois credit union directors' understanding of statutory, fiduciary and regulatory responsibilities. NASCUS will present its Pierre Jay Award on Wednesday. Its business meetings began Monday and its committees meet today.


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