Newsroom
NCUA’s Hood, NAFCU’s Mesack discuss CU industry, agency priorities
NCUA Board Member Rodney Hood provided insights into field of membership (FOM) reform, consolidation in the industry, climate-related financial risk, fraud, and more during an exclusive Q&A with NAFCU Senior Vice President of Government Affairs Greg Mesack.
During the conversation, Hood outlined some of his most notable accomplishments throughout his tenure on the NCUA Board as his term it set to end this fall. He also provided his take on what challenges his successor may face in the coming years.
In addition, Hood discussed how credit unions can navigate a continuously uncertain economic environment, as well as an industry that is facing consolidation, stating his “main advice to credit unions is to do what they do best, and that is continuing to display the people helping people ethos.”
Watch the full interview, or visit NAFCU’s YouTube channel to watch shorter clips on topics of interest.
Of note, the interview was recorded before the announcement of CUNA and NAFCU’s intent to merge.
NAFCU’s award-winning advocacy team continues to work with both regulators and lawmakers to fight for the betterment of the credit union industry. Stay tuned to NAFCU Today for the latest out of Washington.
Share This
Related Resources
Add to Calendar 2024-06-26 14:00:00 2024-06-26 14:00:00 Gallagher Executive Compensation and Benefits Survey About the Webinar The webinar will share trends in executive pay increases, annual bonuses, and nonqualified benefit plans. Learn how to use the data charts as well as make this data actionable in order to improve your retention strategy. You’ll hear directly from the survey project manager on how to maximize the data points to gain a competitive edge in the market. Key findings on: Total compensation by asset size Nonqualified benefit plans Bonus targets and metrics Prerequisites Demographics Board expenses Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public
Gallagher Executive Compensation and Benefits Survey
preferred partner
Gallagher
Webinar
AI in Action: Redefining Disaster Preparedness and Financial Security
Strategy
preferred partner
Allied Solutions
Blog Post
Add to Calendar 2024-06-21 09:00:00 2024-06-21 09:00:00 2024 Mid-Year Fraud Review Listen On: Key Takeaways: [01:16] Check fraud continues to be rampant across the country. Card fraud is affecting everyone. [04:31] Counterfeit US passport cards are just another new toolbox in the bad actors’ toolbox. [07:21] Blocking the fallback is the only way to defeat counterfeit cards. [11:17] The best way is constant education to your members in as many channels as you can. [13:02] We are still seeing overdraft lawsuits. Make sure the programming you have at your credit union matches what you have displayed for the members. Web NAFCU digital@nafcu.org America/New_York public
2024 Mid-Year Fraud Review
Strategy & Growth, Consumer Lending
preferred partner
Allied Solutions
Podcast
Get daily updates.
Subscribe to NAFCU today.