Monday’s breakout sessions at the CUNA GAC explore a list of topics that address the changing landscape facing credit unions today: the economy, regulation and payments.
Economic Outlook and Credit Unions. Credit union economists will discuss prospects for employment, GDP growth, inflation and the timing of possible interest rate increases with particular emphasis on the impact of last year's election.
The Brave New World of UDAAP. This panel discussion will provide different perspectives on how agency interpretations of unfair, deceptive, or abusive acts or practices laws are affecting credit unions.
Political Affairs/MAP: Member Activation Program 2.0/Getting Members Involved. A panel of credit union leaders will describe how they use the MAP program to successfully engage their membership in legislative issues facing credit unions.
Assessing the Payments Landscape. Panelists will discuss the threats to credit unions from legislation, litigation, and technology.
The Future of NCUA Exams/Call Reports. This session will cover how the examination and reporting functions will evolve over the next several years with the adoption of the Exam Flexibility Initiative and the ongoing Call Report Modernization project.
The discussion boards on CUNA’s Compliance Community featured an interesting discussion last week: what is the difference between the terms “share draft” and “checking account”? The correct use is important since credit unions pay dividends, not interest.