Hood, Harper confirmed to NCUA Board
The Senate yesterday approved the nominations of Rodney Hood and Todd Harper to serve on the NCUA Board; they were cleared by voice vote.
"NAFCU congratulates Rodney Hood and Todd Harper on being confirmed to the NCUA Board,” said NAFCU President and CEO Dan Berger. "Both possess a strong understanding of the industry, and with Chairman Mark McWatters, we are confident the board will continue to be a strong, independent regulator for credit unions."
Hood previously served on the board from 2005-2010 and will fill a six-year term that will expire in 2023. This seat will replace Board Member Rick Metsger, whose term expired in August 2017 but had indicated he would serve until his replacement had been confirmed.
Harper previously served as the director of public and congressional affairs and chief policy advisor to the chairman at the NCUA. He will fill a six-year term that expires in 2021; Harper will fill a board seat previously held by former NCUA Chairman Debbie Matz, who left the board in April 2016.
Add to Calendar 2019-08-22 14:00:00 2019-08-22 14:00:00 Start Small, Save Up: The CFPB’s New Initiative to Help Consumers Save Recent Consumer Financial Protection Bureau (CFPB) research finds that even small amounts of liquid savings can make a big difference in financial well-being. Unfortunately, 40 percent of Americans would sell something or borrow money to cover even a $400 emergency expense. It can be difficult to put money away for emergencies. However, without some savings cushion, unexpected expenses can derail people from achieving their financial goals. Through the “Start Small, Save Up” initiative recently announced by Director Kraninger, the CFPB offers tips, tools, and information to help consumers build a basic savings cushion, as a foundation for securing their financial futures. The mission of the CFPB includes educating and empowering consumers to make better informed financial decisions. By law, the Bureau is charged with developing and implementing initiatives to support savings in a variety of ways. Key Takeaways: Learn more about the CFPB's "Start Small, Save Up" initiative Discuss strategies and ideas for educating and empowering your credit union members to start saving Register Now Registration is free, but you must register to attend. One registration gives your entire team access to the live webinar and on-demand recording until August 22, 2020Already registered? Go to the Online Training Center to view. Who Should Attend? Presidents and Chief Executive Officers Business Development staff Marketing staff Education Credits No NAFCU Credits and No CPE Credits National Association of Federally-Insured Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more. About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer. Web NAFCU firstname.lastname@example.org America/New_York public
Add to Calendar 2019-08-22 14:00:00 2019-08-22 14:00:00 2019 NAFCU–BFB Gallagher Executive Compensation and Benefits Survey For more than a decade, the annual NAFCU–BFB Gallagher Executive Compensation and Benefits Survey has served as one of the leading sources of executive pay. Each year, credit unions across the country, in all asset sizes, are surveyed on compensation and benefits for the CEO and top four executive direct reports. The results help credit unions make informed decisions and document their due diligence. Join the lead researcher for a look at this year’s trends and how to interpret the data. BFB’s executive benefits consultant will help you put the data into action. The survey also includes covered expenses and budget data for board expenses. Learn about: How to interpret the salary data tables Nonqualified benefit plan usage Volunteer expenses Executive demographics by asset size Key takeaways from the report Web NAFCU email@example.com America/New_York public
Add to Calendar 2019-08-21 14:00:00 2019-08-21 14:00:00 Small-Dollar Lending: Meeting Your Members' Needs Watch the Webinar On-Demand About the Webinar According to leading economic indicators in June 2019, the US economy is doing well. It has steady growth, low unemployment, and little inflation. Yet, nearly 4 out of every 10 Americans said they wouldn’t be able to scrape together the cash to meet a $400 emergency expense. What are the economic forces at work contributing to this anomaly? And how can your credit union help? Research has demonstrated that consumers would prefer to obtain short-term credit from YOU, their local credit union, and regulatory agencies such as the CFPB and NCUA as well as numerous consumer advocacy organizations are encouraging credit unions to provide responsible small-dollar loans to their members. Historically, the two biggest impediments for credit unions to offer affordable short-term loans were complex regulatory requirements and operational obstacles: time, cost, and technology. In this webinar, Christopher Leonard, CEO of Velocity Solutions, explains that these obstacles are no longer in your way! By leveraging digital, turnkey loan platforms, credit unions can provide much-needed liquidity to their members—responsibly, affordably, and compliantly. Christopher will discuss what to look for in partnering with a FinTech provider, and what types of features your members want from a small-dollar loan product. Key Takeaways: A startling percentage of American consumers are cash poor – why? Regulatory agencies are looking to community financial institutions to provide responsible short-term credit to these consumers. The impediments that have prevented credit unions from providing small-dollar loans to their members in the past are no longer obstacles! How to get started in choosing a FinTech provider and loan platform. Web NAFCU firstname.lastname@example.org America/New_York public
Velocity Solutions, LLC
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