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Today: NAFCU’s 2022 State of the Industry begins
NAFCU’s State of the Industry starts today, taking place from 1:00 to 4:00 p.m. Eastern. This complimentary virtual event – open to all credit unions – will bring together industry leaders, experts, and NAFCU's award-winning staff for a discussion on key trends, strategies, and legislative and regulatory developments. Registration is still open!
NAFCU launched the State of the Industry as it quickly pivoted to a virtual environment to keep credit unions running strong amid the coronavirus pandemic. As the nation recovers from the crisis, this year's event is set to explore what's coming next and equip credit unions with the tools and information needed to support their members and communities. Watch NAFCU President and CEO Dan Berger detail more information.
During the event, attendees will hear from some of the industry's top influencers to:
- explore the latest advancements in artificial intelligence (AI) and digital delivery to better position your credit union against your competition;
- learn the essentials about today's crypto environment and how to take advantage to help keep your members’ money safe with your credit union;
- uncover what you need to know if your credit union is considering a merger to partner for greater diversity;
- hear the latest information about the future of financial services including DeFi, embedded finance and open finance; and
- discover workforce trends and innovative ways credit unions are combating the great resignation.
Stay tuned to NAFCU Today and NAFCU’s Twitter for more information on this must-attend event.
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Add to Calendar 2023-09-22 14:00:00 2023-09-22 14:00:00 Understanding Credit Card Portfolio Sales & Agent Programs Both credit union and bank credit card issuers are under intense pressure from various sources, including competitor innovation, significant internal resource commitments, increasing operating expenses, uncertain regulatory and economic environments and a variety of capital and liquidity constraints. This has led to about 80% of all banks offering credit cards under an ‘agent issuing’ model, where a third-party issues credit cards under the financial institution’s name. While hundreds of credit unions do the same, and interest in this option has increased in the last two years, the majority of credit unions still own and manage this product themselves. Deciding whether this option can meet strategic, financial and member needs can be difficult to untangle. In this webinar, Understanding Credit Card Portfolio Sales & Agent Programs, you’ll delve into the structure of such programs, the financial and risk-profile impacts of such a decision, the contractual commitments required of both parties and discover evaluation tips and processes for any credit union that would like to evaluate this path. Key Takeaways Discover the structure of the agent issuing concept and obligations of both parties Understand the financial impact of entering such a program to the balance sheet, income statement, and critical performance ratios Ascertain the impacts to members, including both positive and negative possibilities Review the accompanying contractual structures and key considerations Develop an evaluation process that best protects the credit union’s financial and other outcomes 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 22, 2024.Go to the Online Training Center to access the webinar after purchase » Who Should Attend COOs CFOs NCCOs and compliance titles NCRMs and risk titles General counsel staff Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 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: Regulatory Ethics – 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 digital@nafcu.org America/New_York public
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