NAFCU Network Spotlight: Q&A with Members 1st of NJ FCU's Marya Cabatingan
NAFCU's inside look at its seven complimentary, member-only networks continues today with a Q&A featuring Members 1st of New Jersey Federal Credit Union Marketing and Business Development Specialist Marya Cabatingan. As credit unions face unprecedented challenges, Cabatingan touts the responsiveness and innovativeness of Marketing & Growth Network members to help solve problems. See what else she had to say about the network.
Q: Why did you become a member of the NAFCU Marketing & Growth Network?
A: I became a member of the NAFCU Marketing & Growth Network because I wanted to see what NAFCU had to offer and what kind of things I could delve into as a new marketing specialist at my credit union.
Q: What would you say is the biggest benefit of participating in the network?
A: The biggest benefit of participating in the network is the access to help! The discussions are great to read through, because for me, there are concepts I had not even thought of. Then, when I do need help or advice, I can easily post what I need help with and someone readily replies.
Q: What advice would you give to those who have recently joined the network?
A: If you just joined, definitely read through the old discussions. Have an open mind. Subscribe to the discussions. You don’t want to miss topics.
Q: What do you think will be the biggest challenge facing credit union marketing professionals in the next year? How can the network help the industry address it?
A: I think the biggest challenge will be the pandemic. I know calendars are not set in stone, but the pandemic certainly makes it harder to follow any calendar. Who knows if our in-person events will resume, but the network is so helpful to get additional insight. Like with the annual meeting! I received so much feedback about how other credit unions conducted theirs virtually and it was a huge help.
In addition to the Marketing & Growth Network, NAFCU has six other credit union profession-specific networks:
- CFO Network (read the network's spotlight with Gulf Winds Credit Union's Dale Johnson);
- Compliance, Risk & BSA Network (read the network's spotlight with Oklahoma's Credit Union's Laura Beth Dawson);
- Lending Network (read the network's spotlight with Mid-Hudson Valley Federal Credit Union's Steve Carle;
- Human Resources Network;
- Cybersecurity & IT Network; and
- CEO Network.
Across these seven online communities, more than 12,000 credit union professionals engage in discussion threads, share best practices, and have access to leading industry resources and insights. NAFCU's government affairs team also provides updates on closed-door meetings with regulators, administration officials, and other decision makers, as well as regulatory and legislative developments.
Visit the networks to check out new features such as anonymous posting and most active users.
The NAFCU Networks are free, member-only resources. Register now to join a NAFCU Network, or email NAFCU Senior Member Experience Strategist Allyson Gale. Representatives from NAFCU-member credit unions may use their NAFCU website login to access the network.
Next week's NAFCU Today spotlight will feature the Human Resources Network.
Add to Calendar 2021-02-26 14:00:00 2021-02-26 14:00:00 The CDFI Rapid Response Program With the recent COVID-19 relief legislation, unprecedented levels of funding are being directed to underserved communities, especially communities of color. Community Development Financial Institution (CDFI) certified credit unions have a critical role to play in deploying these funds. The CDFI Fund's Rapid Response Program (RRP) opens by February 25th, making available $1.25 billion in grants to CDFIs. This webinar will help you to prepare for the RRP and other CDFI applications. All first-time CDFI Fund grant applicants are urged to attend. Don’t miss this unique opportunity to learn more about how your credit union can tap into these resources for the benefit of the members and communities you serve. CDFI certification is an essential credential for credit unions with a focus on financial inclusion today. If you have never applied for a CDFI grant, don’t miss this critical webinar. Key Takeaways Review updated information about the RRP opportunity and application process Walk through critical first steps to complete before you apply for CDFI Fund grant Register NowRegistration is complimentary, but you must register to attend.One registration gives your entire credit union access to the on-demand recording until February 26, 2022.Already registered? Go to the Online Training Center to view live. Who Should Attend? Chief Executive Officers (CEOs) Chief Lending Officers (CLOs) Business Lending Staff Lending Staff Education Credits This webinar doesn't qualify for any continuing education credits recognized by NAFCU or NASBA. 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 email@example.com America/New_York public
Add to Calendar 2021-02-25 14:00:00 2021-02-25 14:00:00 Fundamentals of Credit Union Subordinated Debt This webinar will cover NCUA’s new rule authorizing the issuance of subordinated debt by natural person credit unions for purposes of regulatory capital treatment. Previously only low-income credit unions could issue subordinated debt that can count toward their net worth requirement. Under the rule, complex credit unions and new credit unions, as well as low-income credit unions, may issue subordinated debt that can count toward their risk-based capital requirement. The webinar will address material terms of the rule and the subordinated debt instrument. We’ll also cover the regulatory approval process, eligible investors, the offering process, reasons to issue subordinated debt and the current interest rate environment. Key Takeaways Understand managing the regulatory approval process. Gain familiarization with key terms of the subordinated debt note. Review the issuance and marketing process. Discuss current market dynamics for credit union sub debt. Purchase Now$295 Members | $395 Nonmembers (Additional $50 for CD)One registration gives your entire credit union access to the on-demand recording until February 25, 2022.Already registered? Go to the Online Training Center to view live. Who Should Attend? NAFCU Certified Compliance Officers (NCCOs) NAFCU Certified Risk Managers (NCRMs) Chief Executive Officers Executive Vice Presidents Chief Financial Officers Education Credits NCCOs will receive 1.5 CEUs for participating in this webinar. NCRMs will receive 1.5 CEUs for participating in this webinar. CPA credit information is below; recommended 1.5 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Associate Director of Education, NAFCU Learning Objectives: Understand managing the regulatory approval process. Gain familiarization with key terms of the subordinated debt note. Review the issuance and marketing process. Discuss current market dynamics for credit union sub debt. Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.5 credits Recommended Field of Study: Finance - Technical National Association of Federal 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
Credits: NCRM, NCCO, CPE
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