ARLINGTON, Va. — One month after announcing its Dual Charter Resources Initiative, the National Association of State Credit Union Supervisors (NASCUS) announced two related events it said are designed to bring the nation’s largest credit unions together with state regulators in a series of curated events.
The two events include:
The CURE (Credit Union and Regulator Engagement)
NASCUS said the event will bring together leaders of CUs with assets between $4-$10 billion with state regulators from across the country to focus on topics currently affecting the industry.
“The Sept. 29-30 virtual event will tackle a robust agenda, including central bank digital currencies (CBDCs), climate change considerations for the credit union sector, the evolution of the mortgage market from the Great Recession to the current COVID-19 era, and the regulatory and supervisory transitions credit unions face as they cross the $10 billion ONES threshold,” NASCUS said.
Attendance to the CURE is by invitation only.
The Exchange
Now in its fourth year, NASCUS said The Exchange has participants spanning the country from the largest state and federal credit unions, with assets of $10 billion and greater, and “future-focused state-agency regulators. Attendees will delve into the emerging issues growing cybersecurity and ransomware risks, interstate operations, and threats to the state and federal credit union charter as the charter of choice amid new entrants in the U.S. payments system, including BigTech and fintechs, and possibly FedCoin as a digital dollar.”
Attendance to the Exchange is by invitation only.
‘Mutual Dialogue’
“NASCUS endeavors to strengthen and improve the state charter, which in turn benefits the federal charter,” said NASCUS President/CEO Lucy Ito. “Discussing emerging issues from different angles in a mutual dialogue at the Exchange, and now CURE, between industry and state regulators, is unique in fostering the long-term sustainability of the dual charter framework. NASCUS seeks engagement from the largest credit unions at these two specially-curated events because of their critical role in advancing credit union system innovation.
For info, contact Alicia Valencia Erb, VP-member relations at aerb@nascus.org.