ALEXANDRIA, Va. (April 26, 2013) – National Credit Union Administration (NCUA) Board Member Michael E. Fryzel and National Association of Federal Credit Unions (NAFCU) President and CEO Fred Becker today discussed important credit union industry issues during a panel discussion at NAFCU’s 2013 CEOs and Senior Executives Conference in Sonoma, Calif.
“Conversation-centered dialogue like the one that took place today with NAFCU continues to be an efficient way to address a wide range of topics important to credit unions,” Fryzel said. “These types of panels provide a forum for credit unions to receive answers to important industry questions and to hear those answers from two different perspectives. Credit unions gain valuable insight that can be used to apply direction to the opportunities and challenges we face as an industry.”
The pair took questions from the stage at the Fairmount Mission Inn. Discussion items included:
- The legislative outlook of credit unions
- The dynamics of a two-person board
- Member business lending and supplemental capital as they relate to credit union efforts on Capitol Hill
- Taxation and credit unions
- The growth outlook for credit unions in 2013
- The status of NCUA’s Office of National Examination and Supervision
- Expected rules for credit unions in 2013
- NCUA’s derivative rule
- The role of the NCUA’s Office of Consumer Protection
- NCUA’s relationship with the Consumer Financial Protection Bureau
NAFCU’s annual conference brought in more than 140 credit union leaders and representatives.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than 101
million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.