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Dear Friends and Colleagues,
As we move into 2023, I would like to take a moment and celebrate our shared successes over the past year. We remain committed to building bridges between regulators, credit union stakeholders, and policymakers at the state and federal levels. We continue to blend the experience and perspectives of regulators and credit unions to identify challenges and develop solutions to position the credit union system for growth. We provided scores of professional development and networking opportunities across the industry.
With the support of your membership, this year, NASCUS has:
- Continued to provide our members strategic insight into issues such as cryptocurrency, cannabis banking, mergers and acquisitions, the transforming financial services sector
- Ensured the voice of the state credit union system was heard in Washington thru advocacy efforts before NCUA, CFPB, Congress, FinCEN, Treasury, and other policymakers
- Helped our members meet the ongoing cybersecurity challenges thru training and free access to Tabletop Exercises conducted by the Treasury Department
- Worked with state regulators, credit union leagues, and credit unions to modernize state credit union statutes
And so much more…
With a state system covering more than $1.081 trillion in assets, more than 64 million members, and 1,915 institutions, our goal is to advance credit union legislation, regulation, and supervision and to promote a resilient state-chartered cooperative credit union system through regulator and credit union collaboration.
In the coming year, we will remain focused on issues critical to the future success of the credit union system. Our advocacy efforts will be focused on ensuring maximum calibration of regulation and supervision with needed operational flexibility for credit unions to adapt to a rapidly changing marketplace. Our committee meetings, webinars, and conferences will continue to focus on issues of relevance to credit unions, such as fintech, cybersecurity, cannabis banking, digital assets, emerging issues, class action litigation defense, and changes to supervision. Most importantly, we will expand our platforms for collaboration between and among our members.
We are not just supporting the industry but innovating it through collaboration. Advocacy is not just about educating policymakers; it’s building platforms to share ideas and generate solutions through a spectrum of expertise and diverse perspectives.
Join us in 2023 as we continue to impact the lives and communities throughout the country.
Together, we are people helping people. And we thank you for your support.
President and CEO, NASCUS