Good morning! It’s great to be here again.
As you all know, these past few years have been a wild ride.
Thinking back on it reminds me of the latest James Bond movie, Skyfall. For those of you who didn’t see it, let this serve as a spoiler alert.
As James Bond is on the run, he switches cars to throw the bad guys off the trail. He gets into the classic James Bond car: a vintage 1965 Aston Martin.
Of course, in real life, Aston Martins don’t come with weapons, gadgets and ejector seats.
But watching that movie, it struck me. Like the 1965 Aston Martin, most cars of its time did not have power steering, anti-lock brakes, airbags… not even seatbelts.
In other words, as beautiful, powerful, and just plain cool as those cars were, you probably wouldn’t choose to buy a car without those safety features today.
Maybe you can see where I’m going. I didn’t really come here to talk about James Bond. I
came here to talk about you, and I came to tell you about how NCUA is changing.
We’re modernizing and revitalizing NCUA—for an industry that is newly vibrant, increasingly complex, and rapidly changing.