NASCUS Directors College Held in Seattle, Next Scheduled for May 20 in North Carolina

May 8, 2014 – Arlington, Va. More than 70 credit union board members attended the NASCUS Washington Directors College, which was held in Seattle, Wash., April 30.

The college, hosted by NASCUS, the Washington Department of Financial Institutions and the Northwest Credit Union Association (NWCUA), was a one-day event geared toward enhancing directors’ understanding of the critical statutory, fiduciary and regulatory responsibilities of a director. Attendees heard presentations on national issues, providing services to state licensed marijuana businesses, emerging payment systems related to digital currencies, and state-specific examination issues. The NWCUA provided a presentation on the state’s director compensation rules.

Since 2008, NASCUS’ directors colleges have provided training to more than 2,400 state credit union board members.

The next NASCUS Directors College will be held May 20, 2014 at State Employees’ Credit Union in Charlotte, N.C. For more information about it and other upcoming colleges in Wisconsin, Colorado, Utah and Tennessee, visit the NASCUS website, or contact NASCUS Vice President of Education Isaida Woo, at isaida@nascus.org.

 

 

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