Scenes from the Federation's 2013 Annual Conference
Financial inclusion for new immigrants tops the agenda.
Bert Hash, president/CEO of $1.2 billion asset MECU of Baltimore, welcomes attendees of the Federation’s 2013 Annual Conference in Baltimore. The CU hosted a site visit and tour for attendees.
The Consumer Financial Protection Bureau’s (CFPB) remittance rules are “consumer-friendly,” says Carla Decker, president/CEO of District Government Employees FCU, Washington, D.C., and a member of the CFPB’s CU Advisory Council. Decker says she’s optimistic the agency will listen to credit union voices on changes.
Don’t wait for federal immigration reform to reach out to the immigrant community--start now, says Carlos Calderon, CEO of OAS Staff FCU, Washington, D.C. “Our experience has been great,” he says.
Federation President/CEO Cathie Mahon discusses the importance of financial inclusion for immigrants.
Guadalupe CU in Santa Fe, N.M., has been successful lending to the immigrant community since the early 2000s, says Brenda Dominquez, CFO. The CU has become a partner and an asset to families in the state, Dominquez says, driven in large part by strong word-of-mouth.
Visitors to MECU explore an old vault that’s no longer operational but remains a popular showpiece. The CU's downtown building was built during the Depression.
Carol Van Cleef of the Washington, D.C.-based law and lobbying firm Patton Boggs discusses recent regulations related to remittances during a session titled “Immigration Reform and Financial Inclusion: Challenges and Opportunities for CUs.”
The work CUs are doing for immigrants is “life changing,” says Jeanne Atkinson, executive director of the Catholic Legal Immigration Network Inc.
Dorothy Steffens, CUNA’s vice president of publishing operations, emphasizes the opportunities CUs have in expanding services to the Hispanic community. CUNA partners with Coopera to encourage CUs to engage in Hispanic outreach.
Bonita Bush (center), MECU’s assistant vice president of business development/strategic alliances, shows off her CU to a group of conference attendees.
Pablo DeFilippi, director of membership for the Federation, encourages CUs not to get bogged down by remittance regulations so they don’t “miss out” on an important avenue of serving immigrants.
Conference attendees network during a reception hosted by the African American CU Coalition.