An enthusiastic crowd greeted the Honorable Colin L. Powell during his Tuesday morning keynote address where he reflected on his nearly six decades of public service, exploring themes such as leadership, confidence, and American optimism.
He complimented CUNA, the state leagues, and credit unions for their pursuit of common-sense regulation. “I think you are so wise to come to Congress and say ‘don’t do any more than is necessary.’”
Other highlights from Tuesday:
• A town hall meeting where CUNA President/CEO Jim Nussle introduced CUNA’s top engagement officers, who in turn introduced their five-member regional engagement team who work to connect with credit unions.
Nussle also praised Matt Helms, vice president of human resources and training at Corporate America Family Credit Union in Elgin, Ill. At last year’s town hall, Helms sparked that idea for 2017 GAC attendees to donate items to Bright Beginnings, a child and family development center that helps homeless families.
Credit unions delivered 600 boxes with 18,224 items, including diapers, wipes, socks, mittens, hats, and books.
• A breakout session on the Credit Union Awareness Initiative, an effort initiated by the CUNA Board to create top-of-mind consumer awareness of credit unions.
By unifying the language credit unions use when talking about themselves, the industry can clarify its identity in the financial services marketplace and, in turn, begin to raise greater awareness among consumers.
• NCUA Acting Chairman Mark McWatters, who highlighted the agency’s priorities, which include looking for more ways to achieve regulatory relief. Among his goals are to look at merging the National Credit Union Share Insurance Fund and the Temporary Corporate Credit Union Stabilization Fund.
McWatters, who was named acting chairman by President Donald Trump Jan. 23, said the agency would follow the “letter and spirit” of Trump’s regulatory relief executive orders, even though they do not apply to independent agencies such as NCUA.
• A panel of lawmakers, who discussed credit unions’ role in elections.