Credit unions get educated on day two of the CUNA GAC
03/02/2011 12:32 am
Credit unions that attend the CUNA GAC always come away from the education sessions more well informed than when they first arrived in Washington D.C. This year didn't disappoint. The education sessions looked at hot topics like financial literacy training, media opportunities, lending in the Dodd-Frank era, the 2011 economic forecast and the credit union regulatory burden, among others. Most sessions had very few empty seats.
The days only General Session featured Elizabeth Warren, who is heading up the creation of the Consumer Financial Protection Bureau. She said they are trying to carve out exceptions for smaller institutions. The keynote for the session was Mary Matalin and Arianna Huffington providing opposing views. Matlin from the right and Huffington from the left. What materialized was a talk more about serving the underserved in society and also staying relevant in the conversation. There was also a corporate stabilization panel discussion that updated attendees on the corporate stabilization plan. VyStar Credit Union CEO Terry West, the chair of the CUNA Corporate Credit Union Task Force, sat on the panel.
Credit unions will now head to the Hill for visits with lawmakers. Alabama and Florida credit unions will be at the convention center for the final General Session as House Financial Services Committee Chairman Spencer Bachus (R-AL) and Rep. Debbie Wasserman-Schultz (D-FL) speak. Credit unions will meet with both after they speak. The Hill visits will take place the rest of the day and some early Thursday.
VyStar Credit Union CEO Terry West talks during a panel discussion led by CUNA Chief Economist Bill Hampel.
Arianna Huffington of the Huffington Post provided the keynote address along with Mary Matalin.
LSCU Director of Legislative Affairs Jason Cochran (left) talks with Listerhill CU CEO Brad Green.
To watch a video wrap up of Tuesday's CUNA GAC, click below.