When she addressed the credit union audience, Healey in particular cited the League's Credit Union Community Hope Initiative and Merrimack Valley FCU's participation in partnerships to revitalize the city of Lawrence by relocating its headquarters to a rehabilitated mill building there

Hyland focused her remarks on three key areas: NCUA's member services data collection project, CU-to-bank conversions, and field of membership issues.

Addressing the agency's data collection efforts, Hyland explained her view that NCUA's "measurement must reflect the depth and breath of what credit unions do to serve their membership." This type of information, she said, would demonstrate to Congress and government agencies that credit unions are fulfilling the responsibilities they have undertaken.

State Rep. Marie St. Fleur, who represents several precincts in Boston also spoke to attendees and thanked them for their commitment to the city and its residents.

Commissioner of Banks Steven Antonakes indicated he is committed to making sure Massachusetts credit unions continue to maintain the same strength, stability and standards of service they've provided in the past. He also answered several questions from the audience including one concerning alternative mortgage products. According to the league, Antonakes indicated he felt credit unions had done a good job avoiding the riskiest of these types of products, which should help protect the overall value of credit union assets in the future.