ALBANY, N.Y. (10/11/13)--The Credit Union Association of New York's 2013 Economic Forum, held Oct. Tuesday and Wednesday explored current trends and offered a perspective on future economic trends.
The Credit Union Association of New York's 2013 Economic Forum this week in Albany provided an overview of current and future economic trends. From left, speaker Dr. Barry Asmus; James Mathews, Balance Sheet Solutions senior analyst; Victor Vrigian, Alloya Corporate FCU vice president of marketing; and William Mellin, CUANY president/CEO. (Photo provided by Credit Union Association of New York)
Following a brief welcome from CUANY President/CEO William J. Mellin, the forum kicked off with a presentation from John Lass, CUNA Mutual Group's senior vice president of strategy and business development.
Lass highlighted emerging threats posed by non-traditional financial institutions and new payment technologies expected to make an impact in the coming years. He also encouraged credit unions to look for growth opportunities by focusing on member needs, instead of on specific products or services.
Following Lass' presentation, attendees chose among concurrent breakout sessions led by industry experts on economic outlooks, asset/liability management trends and loan portfolio risk management strategies.
The second morning began with a presentation by Dr. Barry Asmus, a senior economist with the National Center for Policy Analysis. Asmus offered a positive outlook on the U.S. economy and focused on the resurgence of American manufacturing and production, said CUANY.
The forum concluded with a lighthearted presentation from keynote speaker Steve Gilliland. A credit union board member, bestselling author and Speaker Hall of Fame inductee, Gilliland encouraged the group to rediscover their passion and "enjoy the ride." Lead sponsors of the forum included CUNA Mutual Group, CO-OP Financial Services and CU Direct.