Newsroom

June 15, 2017

Washington update, millennials, CU relevance headline exec sessions at A.C.

Credit union executives at NAFCU's Annual Conference on Thursday received a Washington update from the association's legislative and regulatory staff, learned how to stay relevant to the industry and were briefed on how to retain and hire millennials.

NAFCU's legislative and regulatory teams spoke in an open format to credit union executives, providing an update on the industry and what is happening in Washington. (Read more here.)

Also on Thursday, NAFCU Director of Education Devon Lyon led a session on the relevancy of credit unions. He touched on mobile banking and electronic financial services, such as ATMs, online loan payments and remote deposit capture. He also discussed the importance of data security and fintech.

Jennifer Kuhn, leadership and team development expert at Jennifer Kuhn LLC, talked about hiring and retaining millennials. She discussed this generation's communication preferences and the importance of credit unions knowing their audience.

auto buying session
TrueCar's Bernie Brenner (Joseph Esser Photography)

Brian Kaas, managing director at CMFG Ventures, led a session Thursday on fintech. He talked about startups and venture capital and strategies for the future. He said an implication of fintech for credit unions is the fact that millennials don't have as much loyalty to the industry.

The Credit Union Economic Group Panel, moderated by NAFCU Chief Economist and Director of Research Curt Long, held a session Thursday looking at trends in the industry and economy. (Read more here.)

Bernie Brenner, co-founder and chief strategy officer at TrueCar, who delivered a speech during Thursday's general session, also held a session on consumers' auto-buying experience and how credit unions can get involved. (Read more here.)

NAFCU's Annual Conference runs through today; follow the #NAFCUAnnual hashtag for the latest information on the conference.