NASCUS, state groups discuss emerging issues

(Oct. 8, 2021) NASCUS gathered with state credit union association issues and policy professionals this week in Chicago to discuss emerging issues affecting state regulators and credit unions across the nation.

Among the topics discussed at the two-day confab: Complexities for credit unions with the Military Lending Act (MLA), state charter enhancements, collaboration on data breach and cybersecurity standards, potential issues surrounding congressional redistricting in the wake of the 2020 Census, and the ramifications of the financial impact of the coronavirus crisis (particularly the influx of savings at credit unions, and on filling credit union staff positions).

More than 25 representatives from state regulators and associations/leagues attended the event, including regulators from Indiana, Iowa and Illinois. State associations/leagues represented at the event included those from Illinois, Indiana, Kentucky, Maine, Michigan, Minnesota, Missouri and Kansas, Montana, North and South Carolina, and Tennessee.