June 05, 2020

NCUA chairman to address CUs at NAFCU's State of the Industry

SOTINCUA Chairman Rodney Hood will join NAFCU's State of the Industry virtual event to provide credit unions with an update on how the agency is working to support the industry amid the coronavirus pandemic and provide insights into lessons learned from speaking with credit unions around the country.

NAFCU’s State of the Industry will take place June 25 and is a complimentary virtual event – underwritten by Mastercard – that will bring credit union executives and board members together. View the full agenda and register now.

During the event, NAFCU President and CEO Dan Berger will discuss the current state of the credit union industry with Hood in a one-on-one discussion focused on the NCUA’s efforts to provide relief for credit unions as they grapple with the coronavirus pandemic.

Hood spoke out in support of greater relief for the credit union industry, including many NAFCU-sought initiatives, in a letter sent to Senate Banking Committee Chairman Mike Crapo, R-Idaho. In response, NAFCU Vice President of Legislative Affairs Brad Thaler expressed NAFCU's support for several of Hood's recommendations in a letter to the Senate Banking Committee ahead of Hood’s testimony before the committee.

Hood joins a lineup of NAFCU’s award-winning staff and other industry experts that will equip industry leaders with data, trends, and key takeaways that are necessary to make urgent decisions amid the coronavirus pandemic and plan for the future.

Additionally, in preparation for the event, NAFCU member credit unions are encouraged to provide feedback in a new survey that explores potential long-term impacts of the pandemic on the industry.

The results of the survey will be unveiled and discussed during the event and participants will analyze how trends reflected in the survey will impact their credit union. Following the event, the results of the survey will be shared in a report to attendees and NAFCU member credit unions.

For more information on this landmark virtual event, follow along and join the conversation with #CUIndustryUpdate on TwitterLinkedInFacebook, and Instagram