PRESS RELEASE

February 29, 2008

NASCUS Leadership Meeting in Conjunction with 2008 CUNA GAC; Michigan State Regulator Addressing GAC Attendees March 6

ARLINGTON, VA. — NASCUS leadership will gather in Washington, D.C. next week for meetings in conjunction with the Credit Union National Association’s 2008 Governmental Affairs Conference (GAC).

NASCUS begins its full schedule of business and leadership meetings next week and will continue through March 6. NASCUS’ Board, Credit Union Executive Council and Committees will meet during this time, March 3-4. In addition, NASCUS leadership will conduct sessions with representatives from credit union system groups and federal agencies, including the National Credit Union Administration (NCUA) Board for valuable in-person discussion on timely topics and strategic initiatives.

On March 6, NASCUS Chairman George Reynolds will testify on behalf of NASCUS at the House Financial Services hearing focused on the Credit Union Regulatory Improvements Act (CURIA) and additional regulatory relief priorities for credit unions.

Also, Roger Little (MI), NASCUS Board member and a past chairman, will take the GAC stage on March 6 to represent NASCUS and address the audience with remarks on economic challenges from a regulatory perspective. Little plans to focus on the unique and valuable opportunities for growth and member service during these challenging economic times. Little’s full GAC remarks will be available on the NASCUS Web site at www.nascus.org following his speech on March 6.

NASCUS President and CEO Mary Martha Fortney, as a member of the UBIT Steering Committee, will also participate in the GAC breakout session on March 4: UBIT Litigation & Compliance Update.

Information Contact:
Kate Hartig, Director, Communications and Public Affairs, (703) 528-0669 or kate@nascus.org

The NASCUS mission is to enhance state credit union supervision and advocate a safe and sound state credit union system. Founded in 1965, NASCUS represents all 48 state and territorial credit union supervisors and the NASCUS Credit Union Advisory Council, which is made up of nearly 500 of the nation's more than 3,300 state-chartered credit unions.