For Immediate Release
Contact: Natalie Sherry - CUNA Councils; 800-356-9655 ext 4141; firstname.lastname@example.org
Washington, DC (October 21, 2015) – At its International Credit Union Day Celebration at Credit Union House in Washington, DC, CUNA Councils and the Council Forum presented donations of $5000 each to Credit Union House, the World Council of Credit Unions (WOCCU), and the National Credit Union Foundation. Approximately 75 attendees from area credit unions and various industry groups were in attendance.
Sue McCue (Director of Credit Union House), Peter Graves (Senior Vice President, Technical Services with WOCCU), and Gigi Hyland (Executive Director of the Foundation) were on-hand to accept the donations, which were presented by Heather Moshier (Council Forum Chair and EVP-Technology at San Diego County CU), Jason Osterhage (Council Forum Vice Chair and SVP-Lending with Alliant CU) and Michelle Hunter (Council Forum 2ndVice Chair and SVP-Marketing with Credit Union of Southern California) (photos on Instagram).
The 16-member Council Forum, comprised of the Chair and Vice Chair of each of the six Councils’ Executive Committees plus the Forum Chair, 2nd Vice Chair, and two Emeritus members, was in Washington DC on International Credit Union Day for its semi-annual meeting to discuss collaborative Council projects and initiatives, and to meet with regulators from the CFPB and NCUA.
The Council Forum met with Elizabeth Ellis, Deputy Assistant Director, Office of Financial Institutions & Business Liaison, with the CFPB to discuss priority issues such as HMDA, the interaction between the CFPB and other regulatory bodies, Reg Z/TILA-RESPA disclosure implementation, regulatory relief, pre-paid cards, overdraft fee/courtesy pay changes, and small dollar payday/auto title loans.
The Forum also met with Tim Segerson, Deputy Director, Office of Examination and Insurance, and Buddy Gill, Sr. Strategic Communications & External Relations Advisor, with the NCUA to discuss concerns the agency will address during the next 12 months, MBL changes, regulatory relief, cybersecurity, the stabilization refund, exam issues, suggested improvements to Share Insurance Fund, CECL, and risk-based lending.
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