Newsroom
NAFCU's BOD, CEOs conferences canceled; Berger updates CUs on coronavirus efforts
NAFCU's executives have been meeting daily to discuss coronavirus concerns and threats. Given increased uncertainty around the virus, the association has canceled its upcoming Board of Directors and Supervisory Committee Conference – set to take place April 27-30 in San Francisco – and CEOs and Senior Executives Conference – scheduled for May 6-8 in Palm Springs, Calif.
NAFCU President and CEO Dan Berger also sent a video message to member credit unions Friday to update them on the coronavirus and to let them know "NAFCU is here and ready to help in any way we can."
"We have been in close contact with the White House, members of Congress, and agencies ranging from the CDC, to the NCUA, to the Treasury Department, to stay on top of current information and proper precautions for the industry as well as share your needs with policymakers and leaders," Berger said.
Along with the conference cancellations, Berger said NAFCU will "continue to monitor things as they develop and [is] prepared to make further necessary decisions to keep our communities and our members safe."
"Thankfully, NAFCU is financially very strong from your support and we are here to work closely with you to help you weather all this," Berger stressed. "If there is anything on your mind, I’m asking you to go ahead and give us a call. Remember, we work for you."
NAFCU previously canceled its Spring Regulatory Compliance School, which was set to begin today in Arlington, Va. All other 2020 NAFCU conferences are still on.
Registered attendees have been notified of the cancellation via email, which contains additional information on how to transfer conference registrations or obtain a refund, and how to proceed with canceling hotel and flight reservations.
Please contact info@nafcu.org with any questions.
Last week, NAFCU Chief Economist and Vice President of Research Curt Long developed a brief on how the coronavirus could impact the economy and credit unions. The association has a resource page available on the virus and is offering a free webinar tomorrow to help credit unions prepare pandemic plans, and will continue to update credit unions on all developments that could impact operations, members, and the economy.
A new NAFCU Compliance Blog post today from Vice President of Regulatory Compliance Brandy Bruyere provides FAQs for credit unions related to the coronavirus (read it here).
The association is maintaining close communication with the Trump administration, Congress, and regulators to ensure they are aware of what credit unions are doing to support members during the outbreak and of how they can provide regulatory relief to the industry.
Share This
Related Resources
Add to Calendar 2024-04-25 14:00:00 2024-04-25 14:00:00 Unifying Two Different Executive Benefits Programs About the Webinar In part one we discussed how to retain key positions during a time of transition. In part two, we will look at how to combine executive benefits programs from two different organizations into a single high-performing program. Evaluating each program includes many different facets, from strategy and expense to performance and servicing. This session will provide important considerations, whether or not you have pending M&A activity. Key Takeaways: Is the plan design both retentive and efficient? Is the benefit expense properly mitigated? Does the legal agreement reflect the board’s intent? View On-Demand Web NAFCU digital@nafcu.org America/New_York public
Unifying Two Different Executive Benefits Programs
preferred partner
Gallagher
Webinar
Add to Calendar 2024-04-25 14:00:00 2024-04-25 14:00:00 ChatGPT: What AI can do for you! ChatGPT has been created with one main objective – to predict the next word in a sentence, based on what's typically happened in the gigabytes of text data that it's been trained on. Did you ever hear of the saying, “People fear the unknown?” Artificial intelligence scares people, but it is the future, and you need to understand the tools and resources it offers. It’s also about saving time, that’s what technology and in this case, artificial intelligence can do for you. If you want to save time and have a better quality of life, this training is for you. Once you give ChatGPT a question or prompt, it passes through the AI model and the chatbot produces a response based on the information you've given and how that fits into its vast amount of training data. It's during this training that ChatGPT has learned what word, or sequence of words, typically follows the last one in a given context. During this webinar, ChatGPT: What AI can do for you, you’ll discover the background, purpose, usability, and the pros and cons. Don't miss this opportunity! Key Takeaways Learn the background of AI Understand the purpose of AI Identify the pros and cons 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 April 25, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCRMs Risk titles Education Credits NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
ChatGPT: What AI can do for you!
Credits: NCRM
Webinar
Add to Calendar 2024-04-24 14:00:00 2024-04-24 14:00:00 Optimize Liquidity, Maximize Loan Growth: The Network Lending Advantage About The Webinar Join us to learn more about network lending, a cooperative model allowing credit unions to optimize liquidity and achieve loan growth. Discover how credit unions can participate in loan pools with other institutions, allowing them to diversify portfolios, access loans with potentially lower risk and higher yields, and expand lending capacity without necessarily needing a surge in deposits. Delve into how credit unions can pool their resources, set common underwriting and pricing standards, and collectively originate, buy, and sell loans to optimize liquidity management. Hear from your peers about best practices, case studies, and practical strategies to harness the full potential of network lending and how it's helped their credit unions. Don't miss this valuable opportunity to learn how to strengthen your credit union's position in today’s competitive environment. Key Takeaways: How network lending differs from traditional lending The benefits of participating in loan pools with other credit unions How credit unions can set common underwriting and pricing standards and collectively originate, buy and sell loans to optimize liquidity management Why network lending is critical to loan growth Watch On-Demand Web NAFCU digital@nafcu.org America/New_York public
Optimize Liquidity, Maximize Loan Growth: The Network Lending Advantage
preferred partner
LendKey
Webinar
Add to Calendar 2024-04-23 14:00:00 2024-04-23 14:00:00 Monitoring the Latest Litigation Risks Credit unions’ operations pose litigation risks, with more of these cases being filed as class action lawsuits. In this Monitoring the Latest Litigation Risks for Credit Unions webinar, you’ll review some of the specific kinds of lawsuits impacting credit unions and what potential claims could be on the horizon. You’ll also examine some options for mitigating risks. Key Takeaways Review the current lawsuit trends. Understand the potential claims risks Explore options for mitigating risks. 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 April 23, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCRMs will recieve 1.0 CEUs for participating in this webinar NCCOs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
Monitoring the Latest Litigation Risks
Credits: NCCO, NCRM
Webinar
Get daily updates.
Subscribe to NAFCU today.