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Washington
Archived CU economic and legislative webinar available
Click to view larger image From left, CUNA President/CEO Dan Mica, Political Affairs Senior Vice President Richard Gose and Legislative Affairs Vice President Ryan Donovan read questions from credit unions during yesterday's live CUNA webinar. The event was webcast from the CUNA offices on Pennsylvania Avenue in Washington, D.C. (Photo provided by CUNA)
WASHINGTON (11/20/08)—More than 600 credit unions tuned into Wednesday’s live webinar from the Credit Union National Association (CUNA) to address the challenges presented to credit unions as a result of the financial crisis. The event featured CUNA President/CEO Dan Mica, Political Affairs Senior Vice President Richard Gose, Legislative Affairs Vice President Ryan Donovan and Senior Economist Steve Rick. Rick provided an update of the current economic climate, Gose gave an overview of the election results, and Donovan offered a legislative update. Each focused on the credit union impact. With a new “working majority” in Congress, Mica said credit unions have a number of vital issues coming up. “Some issues will be in our best interest, and some will not,” he explained. “We will need to be even more nimble to move from one end of the spectrum to the other." The group discussed the opportunities and challenges ahead for credit union--including secondary capital, prompt corrective action reform, member business lending, protecting credit unions' regulatory structure/insurance fund, and leveraging the "white hat" image to help members and the country. Mica provided a glimpse of CUNA's approach to these issues in the 111th Congress. Affiliated credit unions can watch the one-hour archived webinar by clicking on the resource link below.
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