The Legislative & Regulatory Affairs Committee (L&R Committee)
Our largest committee, consisting of over 70 members, is comprised of individuals from various segments of our membership, including regulators, credit unions, leagues, and associate members. This committee convenes on the first Wednesday of each month at 3 pm (EST) for a one-hour session to address significant issues facing our system. Additionally, this committee holds in-person meetings during our Annual NASCUS State System Summit (S3).
Furthermore, the committee plays a vital role in reviewing NASCUS comment letters, providing an open forum where any member can raise concerns or issues, and organizing special calls on topics like litigation trends and cryptocurrencies. Importantly, there is no limit on committee membership, and multiple individuals from the same credit union are welcome to participate.
The CDFI, MDI, and LICU Issues Committee
This committee, which is open to all NASCUS members, concentrates on raising awareness about the unique designations within the credit union sector, namely Community Development Financial Institution (CDFI), Minority Depository Institution (MDI), and Low-Income Credit Union (LICU). It also aims to identify advocacy objectives that NASCUS can pursue to enhance the significance of these special designations. The CDFI/MDI/LICU Issues Committee convenes every other month.
The Education Committee
This committee supervises NASCUS’s programs related to professional development, training, and education. It plays a crucial role in suggesting the educational requirements of the credit union system. It assesses NASCUS’s continuous professional development initiatives by examining program agendas, post-conference evaluations, and financial aspects of events. While membership on the Education Committee is available to all membership categories, it is limited to a maximum of eight participants.
If you have additional questions on how to participate with NASCUS Committees, please contact Shellee Mitchell.