NASCUS Hosting Annual State System Summit This Week in Chicago

Sept. 12, 2011 - On September 14-16, 2011 in Chicago, the state credit union system’s leaders, state and federal regulators and dual chartering supporters will join NASCUS for its annual State System Summit.

NASCUS’ full schedule of events begins Sept. 12 with business meetings of its leadership, continuing to Sept. 13 with NASCUS Committee meetings. The Summit will begin Wednesday, Sept. 14 and continue to Friday, Sept. 16. NASCUS is also hosting a Directors College on Friday, Sept. 16 for area Illinois credit union directors and management. 

“This year’s NASCUS State System Summit agenda features the credit union system's top regulators, leaders and innovative thinkers," said NASCUS President and CEO Mary Martha Fortney. "The discussions at our Summit will focus on how regulators and credit unions can continue to operate and to thrive in this increasingly complex economic environment. NASCUS expects this meeting to be rich with dialogue and ideas on how regulators and credit unions can work together to preserve safety and soundness and promote innovation."

At the Summit, attendees will hear from state and federal regulators and credit union system leaders and experts. In addition, Illinois Governor Pat Quinn will address attendees during a special luncheon session on Sept. 15. Speakers also include National Credit Union Administration (NCUA) Chairman Debbie Matz and Board Member Michael Fryzel, Steve Antonakes of the Consumer Financial Protection Bureau, renowned state regulators Gavin Gee (ID), Bill Haraf (CA), Ed Leary (UT) and Roger Little (MI-retired) as well as CUNA Mutual Group's Jeff Post and compliance expert Bill Klewin.

Summit sessions will feature discussion on economic recovery, the state of the credit union examination, capital reform, consumer protection, systemic risk and how credit unions are performing in today's challenging economy. State regulators and the NCUA will also meet for their annual Interagency Dialogue on Sept. 16 and the NASCUS Credit Union Advisory Council will hold its Issues Briefing to discuss topics such as enterprise risk management and lessons learned from credit union failures.

The week's events will close with a directors education event, the NASCUS Illinois Directors College, focused on enhancing directors’ understanding of the critical statutory, fiduciary and regulatory responsibilities of a director.

NASCUS will also present its prestigious Pierre Jay Award on Sept. 14. To view our full agenda, follow this link.