Vice Chairman Hood to Serve as Featured Speaker
at Conference in Germany
May 5, 2006, Alexandria, VA – National Credit Union Administration (NCUA) Vice Chairman Rodney Hood will serve as the Featured Speaker on Friday at the 34th Annual European Credit Union Council Overseas Conference being held in Garmisch-Partenkirchen, Germany. The Conference is co-hosted by Andrews Federal Credit Union and the Defense Credit Union Council. (DCUC)
In his remarks, the Vice Chairman will highlight the role credit unions have on the front-line of democracy abroad, give an update on the NCUA, and commend credit unions for their dedicated service to the personnel and families in the military community. After the Conference, Vice Chairman Hood will visit with several credit unions in Germany.
“I am very excited to speak to the guests of the Conference in Germany,” said Vice Chairman Hood. “I look forward to sharing my perspective as their new regulator and speaking about the vital role credit unions and the military have in promoting and protecting democracy abroad. I will also discuss how the agency can assist the Department of Defense and DCUC in enhancing the financial literacy of servicemembers and their families, while also combating predatory lending.”
The Conference will also feature speakers from military communities and the private sector and to discuss important financial topics pertaining to military personnel and their families including:
- Department of Defense Financial Update;
- European Financial Update;
- Shared Branching;
- Credit Union National Association Update;
- European Credit Union Updates and Roundtable; and
- Financial Self-Service Requirements for Overseas Deployments
“Recently while visiting with Mike Mercer and the Georgia Credit Union League, I learned a great deal about the role that credit unions have in promoting democracy and freedom abroad, especially in Poland, where the credit union system has helped incubate the growth of democracy. Today’s Conference in Germany will provide me with a great opportunity to highlight the accomplishments of credit unions throughout the world.”
The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates the National Credit Union Share Insurance Fund (NCUSIF), insuring the savings of nearly 85 million account holders in all federal credit unions and many state-chartered credit unions. NCUA operations are funded by credit unions, not tax dollars. |
