(Sept. 24, 2021) Two key events from NASCUS aimed at supporting and building the credit union dual chartering system are coming up over the next several weeks, part of the association’s overall commitment to the state and federal oversight of the credit union system.
Both events, part of NASCUS’ Dual Charter Resource Initiative (DCRI), are by invitation only.
The Credit Union and Regulator Engagement (CURE) is set for next week (Sept. 29-30). A virtual event, it brings together leaders from credit unions with between $4 billion to $10 billion with state regulators from across the country to focus on topics now affecting the credit union system. Among the topics on the agenda are: central bank digital currencies (CBDCs), climate change considerations for the credit union system, the evolution of the mortgage market from the Great Recession (beginning in 2007) to the current COVID-19 era, and the regulatory and supervisory transitions credit unions face as they cross the $10 billion threshold that defines supervision under NCUA’s Office of National Examinations and Supervision (ONES).
The second event, the Exchange, is set for Nov. 1-2, and will be held in Phoenix at the Crowne Plaza hotel. Invitees are leaders of credit unions with more than $10 billion in assets, as well as state regulators. The agenda includes discussion about growing cybersecurity and ransomware risks, interstate operations, and threats to the state and federal credit union charter as the charter of choice amid new entrants in the U.S. payments system, including BigTech and fintechs.
The DCRI is a sponsorship opportunity for those who value a vibrant and robust dual charter system. DCRI sponsors engage with the initiative through a series of financial contributions and select events. Support is solicited on three levels, Champions, Leaders, and Partners. For more information, including on invitations, see the links below.