BRIEFLY: NCUA registration for tax credit webinar now open; FDIC (finally) names CINO (who also advised CUs); state system hopes for best in grim winter
(Feb. 19, 2021) NCUA said registration is now open for a Tuesday (Feb. 23) webinar on the earned income tax credit and the volunteer income tax assistance (VITA) programs. The program, which gets underway at 2 p.m. ET (and runs for about 45 minutes), includes information on credit union call report data, earned income tax credit resources, and stakeholder partnerships. Both NCUA and the IRS (which is also participating) will discuss financial literacy efforts regarding the earned income tax credit and VITA, geared to low- and moderate-income families, and highlight the resources available to consumers. See the link below for registration information … Sultan Meghji, the founder of a financial technology firm Neocova which reportedly provides services to credit unions and banks, is the new – and first — chief innovation officer (CINO) for the FDIC, ending a search by the agency to fill the position that started in 2018, the agency said this week. In naming Meghji to the role, the agency said he would lead the agency’s drive to promote adoption of “innovative technologies across the financial services sector.” Neocova, according to the FDIC, is a St. Louis-based firm that focuses on cloud and artificial intelligence-based software for credit unions and community banks … The thoughts and hopes of the state system are with everyone and anyone affected by the grave weather conditions experienced across the country over the past week.