ALEXANDRIA, Va. — NCUA Vice Chairman Rodney Hood announced the final agenda last week for his Jan. 11 Risk Mitigation Summit, including federal government and private industry representatives discussing the issues and latest trends.

The free, one-day summit–aimed at informing credit unions of the latest trends in risk management and analysis from both an operational and oversight perspective–was to be held at the U.S. Chamber of Commerce in Washington, D.C. Credit Union Times will follow up with on-site coverage in the next issue. "A key priority of mine as a regulator is to focus on maintaining safety and soundness of America's credit unions while encouraging the economic growth and opportunity for their members," Hood said. "Managing risks successfully, not simply avoiding them, is essential in accomplishing this mission. The upcoming Summit will gather proven leaders in the financial services arena who will share a dialogue on the most current and effective tools for credit unions of all asset levels to manage risks while empowering their members."

Federal Reserve Board Governor Susan Schmidt Bies was the keynote speaker. Others on the slate of speakers were Federal Housing Finance Board Member Geoff Bacino, a former NCUA Board member; Matthew J. Slaughter, a member of the White House Council of Economic Advisors; Blaine Frantz, senior vice president at Moody's Investors Service; Emily More Hollis, CFA, president of ALM First Financial Advisors, LLC; Missouri Corporate Credit Union President/CEO Dennis J. DeGroodt, and many others. Credit Union Times Editor/Publisher Paul Gentile was slated to moderate a session on corporate credit unions.

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The Summit featured sessions to compliment credit union efforts to enhance member service while promoting prudent standards for maintaining safe and sound operations, including loan funding alternatives, risk measurement and management approaches, and various outlets for asset securitization and sales.

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