The NAFCU Journal March-April 2020 - 4

FROM THE CHAIR

How Community Leads to Growth
By Jeanne Kucey, NAFCU Board Chair

H

ave you ever wondered whether
your hiring practices are where
they need to be to compete
in this tight job market? Or
whether your internal fraud prevention
training program is as strong as it could
be? Or how you can get more people
interested in one of your loan programs?

As president and CEO of a credit union,
you are faced with challenges - many of
which you've likely never encountered
before - that you must solve to ensure
the continued success of your institution.
That's why it's important to arm yourself
with as much knowledge as possible. Luckily for you, membership with NAFCU
comes with a host of benefits to connect
you to the right people and resources to
perform your duties effectively.

Networks

Last year, NAFCU launched three online
peer-to-peer networks designed specifically to bring credit union leaders and staff
together to share ideas, solve problems and
provide expert resources. These communities tout candid conversations on some of
the most pressing issues facing our industry:
■

■

4

In the CFO Network, financial officers
are discussing the best models for the
current expected credit loss (CECL)
standard, sales incentive programs
and benefits of working with a vendor that offers excess or supplemental
share insurance.
In the Compliance, Risk & BSA
Network, credit unions are sharing
policies and programs related to issues
such as vendor risk assessment and
banking marijuana-related businesses,
and concerns about new privacy laws.

■

In the Lending Network, lending
professionals are offering insights into
successful penetration rates for credit
card programs, how to restructure
mortgage processes and tips for offering short-term, small-dollar loans.

Find more information at nafcu.org/
nafcu-networks.

Committees

NAFCU is a direct membership association, meaning we develop our advocacy
strategy and educational resources with
input from our members. In addition to
gaining insights into issue trends from the
networks, NAFCU's advisory committees
meet regularly to discuss developments
from Congress and regulatory agencies,
and in more specific areas such as payments, cybersecurity and data privacy.
The committees comprise representatives
from member credit unions who have
expertise in their respective areas and a
desire to be involved in identifying and
developing solutions to credit union issues.
NAFCU brings representatives from
agencies - including the CFPB, NCUA,
Federal Reserve, Finance Crimes Enforcement Network and others - to hear
directly from credit unions on these issues
and share how their respective teams are
working to address industry concerns.

industry trends, regulatory developments
and growth strategies. Each event provides an opportunity to connect in person
with peers and learn how they're handling
problems facing our institutions.
NAFCU's conferences feature stellar
lineups of speakers to provide the best
information available, as well as vendors and exhibitors that can offer credit
unions products and services to better
serve members, streamline processes
and intensify growth.
In this ever-changing regulatory environment and technology landscape,
it's impossible to know everything. By
connecting with peers through NAFCU,
you will create a community in which you
gain valuable insights to tackle today's
problems while accessing forwardthinking opportunities that can take
your institution to the next level.
Jeanne Kucey is JetStream Federal Credit
Union's president and CEO.

By connecting to NAFCU and fellow
member credit unions in these committees,
credit unions have a seat at the table as policies and advocacy strategies are developed.

Conferences

Throughout the year, NAFCU offers more
than a dozen conferences designed to
educate credit union professionals on key
THE NAFCU JOURNAL MARCH-APRIL 2020


http://www.nafcu.org/nafcu-networks http://www.nafcu.org/nafcu-networks

The NAFCU Journal March-April 2020

Table of Contents for the Digital Edition of The NAFCU Journal March-April 2020

The NAFCU Journal March-April 2020 - Cover1
The NAFCU Journal March-April 2020 - Cover2
The NAFCU Journal March-April 2020 - 1
The NAFCU Journal March-April 2020 - 2
The NAFCU Journal March-April 2020 - 3
The NAFCU Journal March-April 2020 - 4
The NAFCU Journal March-April 2020 - 5
The NAFCU Journal March-April 2020 - 6
The NAFCU Journal March-April 2020 - 7
The NAFCU Journal March-April 2020 - 8
The NAFCU Journal March-April 2020 - 9
The NAFCU Journal March-April 2020 - 10
The NAFCU Journal March-April 2020 - 11
The NAFCU Journal March-April 2020 - 12
The NAFCU Journal March-April 2020 - 13
The NAFCU Journal March-April 2020 - 14
The NAFCU Journal March-April 2020 - 15
The NAFCU Journal March-April 2020 - 16
The NAFCU Journal March-April 2020 - 17
The NAFCU Journal March-April 2020 - 18
The NAFCU Journal March-April 2020 - 19
The NAFCU Journal March-April 2020 - 20
The NAFCU Journal March-April 2020 - 21
The NAFCU Journal March-April 2020 - 22
The NAFCU Journal March-April 2020 - 23
The NAFCU Journal March-April 2020 - 24
The NAFCU Journal March-April 2020 - 25
The NAFCU Journal March-April 2020 - 26
The NAFCU Journal March-April 2020 - 27
The NAFCU Journal March-April 2020 - 28
The NAFCU Journal March-April 2020 - 29
The NAFCU Journal March-April 2020 - 30
The NAFCU Journal March-April 2020 - 31
The NAFCU Journal March-April 2020 - 32
The NAFCU Journal March-April 2020 - 33
The NAFCU Journal March-April 2020 - 34
The NAFCU Journal March-April 2020 - 35
The NAFCU Journal March-April 2020 - 36
The NAFCU Journal March-April 2020 - 37
The NAFCU Journal March-April 2020 - 38
The NAFCU Journal March-April 2020 - 39
The NAFCU Journal March-April 2020 - 40
The NAFCU Journal March-April 2020 - Cover3
The NAFCU Journal March-April 2020 - Cover4
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