JEFFERSON CITY, Mo. (3/17/14)--A visit from Missouri's state treasurer capped off the Missouri Credit Union Association (MCUA) Annual Advocacy Meeting earlier this month, an event full of speakers who took time to discuss the most pressing issues facing the industry.
Clint Zweifel, Missouri treasurer, met with a dozen credit union leaders from throughout the state on the second day of the event, and lauded credit unions for their work helping consumers.
"We appreciate that the state treasurer took time out of his busy schedule to meet with credit union representatives," said Amy McLard, MCUA senior vice president of advocacy (Missouri Difference March 13). "We were able to discuss some of our concerns, to share our successes and reinforce our support for one of his legislative priorities in 2014 (prohibiting public employee retirement benefits from being transferred to pension advance companies)."
On the first day, attendees were treated to several talks from a variety of industry leaders, each covering a different issue concerning credit unions.
Ann Davidson, CUNA Mutual Group senior consultant, spoke about data breaches, explaining that criminals are now regularly looking to exploit non-face-to-face transactions, such as automated clearing house (ACH) and payment cards.
"There were a lot of data breaches last year, like Schnucks (based in Missouri)," Davidson said. "...and it's not stopping. The bad guys have found an open door. We have to be one step ahead of them."
Later, McLard led a session covering federal legislative issues for credit unions; and David Kent, director of state legislative affairs, spoke about state-level bills that could affect credit unions.