SOUTH BEND, Ind. — During an address at the Big Ten Credit Union Conference held at the University of Notre Dame, NCUA Vice Chairman Rodney Hood announced his "Blueprint for 2020″ Initiative to bolster the bonds between colleges and credit unions.
Calling his new initiative the "Blueprint for 2020: A Plan to Strengthen the Future of Credit Unions," Hood stated, "I would like to work with a group of credit union and university leaders to develop a program that fosters future credit union leaders."
He noted that as the Baby Boomers retire, there will not be enough Gen X and Y candidates to replace them. "While hedge funds and private equity are the careers du jour, America's financial services providers will need dedicated professionals in marketing, operations, accounting, risk management, compliance, and sales in order to remain viable, sustainable, and competitive," Hood remarked during his speech.
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