January 25, 2023

ICYMI: Berger shares NAFCU’s 2023 priorities, fintech outlook, more in podcast

With Flying Colors PodcastWith Flying Colors podcast host and former NCUA Executive Director and Examiner Mark Treichel sat down with NAFCU President and CEO Dan Berger to discuss the association’s advocacy priorities in 2023. The pair examined NAFCU’s growth over the years, specifically how the association continues to evolve in the same ways as their credit union members. 

On fintech partnerships and ensuring a fair level playing field with credit unions, Berger stressed the importance of a sound “regulatory schematic” for non-depository fintechs.

“You're seeing some hiccups out there with some of those non-depository fintechs, and you're going to continue to see some of those headwinds going into 2023,” noted Berger.

During the podcast episode, Berger also shared his strategy when it comes to building a successful team. 

“We would look very closely for attitude and aptitude. Attitude is extremely important. We can teach you about credit unions,” stated Berger. “We can teach you the skillset or provide you with the training necessary, but attitudes are extremely important.”

Treichel, who recently sat down with NAFCU Vice President of Regulatory Affairs Ann Petros on NAFCU’s Credit Union Policy Podcast (CUPP) to share insights on NCUA’s examination process, also discussed with Berger ways the NCUA can provide additional flexibility and regulatory relief for credit unions.

Berger wrote an op-ed for American Banker on the NCUA’s 2023 budget, expressing disappointment for the unanimous approval of the agency’s 7.5 percent operating budget increase: “From undefined cyber security expenses to unjustified increases in examiner staff, credit unions deserve a clear breakdown of this budget to determine exactly what their annual fees, which will increase next year, will fund.”

Listen to the episode. Stay tuned to NAFCU Today for the latest out of Washington.