It's no secret that credit unions today are experiencing a myriad of issues that in many cases keep them from innovating operations and focusing on serving their members like they would want to. One of the biggest thorns in their side is the revolving door of regulations running rampant throughout the industry, curbing a good number of CUs' operations and member services. Credit unions are clamoring for relief -- and no place was that message heard louder than last week's NAFCU 2013 Congressional Caucus event in Washington, D.C., at the opulent and historic Mayflower Renaissance Hotel.
During the three-day gathering, credit union attendees heard from NAFCU's President/CEO Dan Berger, CNN's Political Analyst Paul Begala, NCUA Board Members Michael Fryzel and Rick Metsger, Fannie Mae President/CEO Tim Mayopoulos, and an assembly line of who's who politicians stopping by the conference to let attendees know they have their back when it comes to today's financial issues. Some of those congressional speakers included Sen. Tim Scott (South Carolina), Sen. Mark Warner (Virginia), Rep. Robert Hurt (Virginia), Rep. Maxine Waters (California), and plenty more.
After listening to all the speakers, CUbroadcast set up a makeshift studio upstairs from the main ballroom to interview several of the credit union attendees and NAFCU officials, getting their take on the conference and impact it has on the industry. Here's a list in order of appearance...
-- Gail DeBoer, President/CEO of SAC Federal Credit Union
-- Chris Rutledge, President/CEO of Gulf Winds Federal Credit Union
-- Lynette Smith, President/CEO of Washington Gas Light Federal Credit Union
-- Donna LoStocco, Senior Vice President of Affinity Federal Credit Union
-- Robert Suarez, Assistant Vice President of Bethpage Federal Credit Union
-- Dawn Donovan, CEO Price Chopper Employees Federal Credit Union
-- Mark Hudzik, Chief Sales Officer of Member One Federal Credit Union
-- Glenn Strebe, President/CEO of Air Academy Federal Credit Union
-- David Wright, CEO of Services Center Federal Credit Union
-- Katie Marisic, Vice President of Political Affairs for NAFCU
-- Carrie Hunt, Senior Vice President of Government Affairs/General Counsel for NAFCU
-- Dan Berger, President/CEO of NAFCU
Unfortunately, we could only show excerpts of their interviews in this comprehensive coverage. If you want to hear their entire interviews, let us know and we will send you the production link. In the meantime, enjoy the NAFCU 2013 Congressional Caucus recap. And many thanks to Transamerica and NAFCU for making this coverage possible.