NAFCU staff gather to strategize on culture, CU advocacy, compliance, and education efforts
NAFCU’s 75 employees gathered in-person for a two-day event where the leadership team and staff conducted strategy sessions on how to best serve credit unions and their 131 million members with the industry’s best advocacy, compliance assistance, and education opportunities.
During the event, State Department Federal Credit Union President and CEO and former NAFCU board member Jan Roche, Tower Federal Credit Union President and CEO Rick Stafford, and Arlington Community Federal Credit Union President and CEO and current NAFCU board member Karen Rosales sat down for a panel to provide NAFCU staff with a deeper look into the challenges and opportunities that exist for credit unions today.
During a speech, NAFCU President and CEO Dan Berger motivated staff to continue the momentum toward reaching NAFCU’s organizational goals of helping credit unions grow and thrive. Berger emphasized the importance of NAFCU’s work every day to support the industry, as credit unions are the best financial option for American consumers and Main Street.
In addition, Berger, NAFCU Senior Vice President of Government Affairs Greg Mesack, and NAFCU Services President Randy Salser answered questions on a variety of topics during a fireside chat moderated by NAFCU Executive Vice President and COO Anthony Demangone that focused on NAFCU’s core values of excellence, passion, and being member-driven.
Focusing on the community-driven mission of NAFCU, staff ended the two-day event by packing new-home kits and backpacks for those in need in partnership with a local organization, Bridges to Independence, which leads individuals and families out of homelessness and into stable, independent futures.
NAFCU is committed to providing credit unions with the tools needed to successfully operate and advocates on behalf of all federally-insured not-for-profit credit unions that, in turn, serve over 131 million consumers with personal and small business financial service products. Learn more about the benefits of membership with NAFCU and review the association’s 2022 Advocacy Priorities and 2021 Accomplishments.
Add to Calendar 2022-09-29 14:00:00 2022-09-29 14:00:00 Coming Soon: CECL This is a deep-dive refresher into the requirements of the Current Expected Credit Losses (CECL) standard. ASC 326 (CECL) is the most significant accounting standard to impact credit unions in many years. Your credit union should be prepared to adopt CECL in 2023 – this will be an effort to make sure you have a sound calculation, appropriate accounting policies and sufficient disclosures. In this Coming Soon: CECL webinar, you’ll get a baseline understanding of the accounting decisions required by the standard, with a focus on those that have tripped up earlier adopters; lessons learned from previous adopters; best practices and key items to consider for your model on a go-forward basis. Key Takeaways Understand requirements of the CECL standard Analyze lessons learned and best practices from previous adopters Evaluate key items to consider for future maintenance of the CECL model(s) Register Now$295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until September 29, 2023.Go to the Online Training Center to access the webinar after purchase » Who Should Attend Presidents and CEOs CFOs Accounting titles NCRMs Risk titles Education Credits NCRMs will receive 1.0 CEUs for participating in this webinar CPA credit information is below; recommended 1.0 CPE credits. CPA Certification Credit Information Reviewer: Josie Collins, Senior Associate Director of Education, NAFCU Learning Objectives: See key takeaways Program Level: Basic Prerequisites Needed: None Advance Preparation Needed: None Delivery Method: Group Internet-Based Recommended CPE Credits: 1.0 credits Recommended Field of Study: Accounting – Technical About Our Webinars Our webinars are streamed live from NAFCU headquarters near Washington, DC. 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, CPE
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