WASHINGTON-CUNA and NAFCU top officials met last week at Credit Union House on Capitol Hill under the auspices of the National Credit Union Legislative and Regulatory Coordinating Council. The group was started during the H.R. 1151 battle to coordinate efforts and was supposed to continue to meet quarterly, but the forum has convened more on an as-needed basis. The meeting, which took place November 6, was for top officials only, including CUNA President and CEO Dan Mica, General Counsel Eric Richard, Associate General Counsel Mary Dunn, Senior Vice President of Government Affairs John McKechnie, Chief Economist Bill Hampel, Chairman Barry Jolette (CEO of San Mateo Credit Union), and Treasurer Don Larsen (CEO of Community Credit Union of Tacoma Washington). NAFCU representatives included President and CEO Fred Becker, Senior Vice President and General Counsel Bill Donovan, Director of Regulatory Affairs Gwen Baker, Chairman Jim Mills (CEO of Three Rivers Federal Credit Union in Fort Wayne, Ind.), Diane Furnas (CEO of Southwest Airlines Federal Credit Union in Dallas), Mike Vadala (CEO of The Summit Federal Credit Union in Rochester, N.Y), and Board Member Brian McDonnell (CEO of Navy Federal Credit Union). Topics of discussion ranged from bankruptcy reform to secondary capital to low-income service to private insurance to the Securities and Exchange Commission broker-dealer exemption proposal for credit unions. In addition to these current events-based topics, NAFCU Communications Vice President Jay Morris said that contacting NASCUS to join the coordinating council meetings in the future, depending upon the issue, was discussed. The meeting was closed to the press. [email protected]
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