Given the economic turmoil and challenges of the past year, there's bound to be plenty to discuss at this year's 33rd annual National Association of Credit Union Chairmen's Roundtable Forum.
The conference focuses on finding real solutions to meet attendees specific needs. The meeting format is based on an informal roundtable setting. Attendees are split into small groups of no more than 10. Using a complex matrix, the roundtable sessions are assigned to ensure that there is a mix of different asset sizes at each table, different members lead discussions and no board members from the same credit union are at the same roundtable. Roundtable discussion topics for each year are determined by information gathered from attendee surveys and industry trends.
During the interactive hour and half sessions, attendees also use the time to share information on successful programs and problem solving techniques. The conference also features an open forum where members are generally grouped by asset size and can discuss any hot button issues.
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This year's roundtable topics will range from risk management and the future of the movement to maximizing the expertise on the supervisory committee and recession-proof strategies for serving members.
According to the NACUC, today's challenging economic environment calls for the board and supervisory committee to join forces to address increased risk, employ good governance practices and address current and future compliance issues. In addition, developing clear definitions, roles and responsibilities of each group is critical. Some of the questions this year's attendees will be exploring regarding their supervisory committees will include everything from what is your credit union doing to elevate the profile of the supervisory committee and bolster members' trust and confidence in the credit union, to how have the responsibilities of your supervisory committee changed to meet the demands of this current economic and regulatory environment?
The NACUC Chairmen's Roundtable will be held Oct. 14-17.
Beatley Joins Orange Co.
There is a new addition to the Orange County's Credit Union board: Victoria Beatley. The Santa Ana, Calif.-based credit union also welcomed Bob Geggie and Coleen Monteleone to the supervisory committee.
"We're delighted to work alongside this talented group of volunteers," said Shruti Miyashiro, president/CEO of Orange County's CU. "We appreciate their dedication to serve the community and continuous support of the credit union."
Beatley volunteered for the credit union's supervisory committee in 2000, acting as chair until her appointment to the board. Beatley also holds the position of a nonvoting board member on the California Municipal Treasurers Association, where she has served as president and held other board positions over seven years. She holds a B.A. in finance from University of California, Fullerton and an M.B.A.from University of Phoenix.
Geggie has volunteered for Orange County Group Inc, a wholly owned subsidiary of the credit union that provides ancillary services for members, for 14 years serving as chair until his appointment to the supervisory committee. He holds a bachelor's degree in economics and an M.B.A. in finance from University of California, Riverside.
Monteleone joined the credit union as a member in 2004 and has served the Costa Mesa Chamber of Commerce board of directors for three and half years and Costa Mesa Federal Credit Union board of directors for 14 years, acting as president for the past four years. She holds a bacehlor's in business management from University of Phoenix.
Local Govt. FCU Adds To Advisory Council
Local Government Federal Credit Union has recently added 10 new advisory council members to seven of its 22 councils across the state.
According to the credit union, the new appointments are an integral part of LGFCU's volunteer-driven initiative not only to educate people on the benefits of credit union membership but also to relay feedback to management regarding available and potentially available products and services, delivery of service and member needs.
Advisory council members, who represent the philosophical character of the credit union and contribute their time without compensation, function as LGFCU's eyes and ears throughout the state, serving as liaisons between credit union members and nonmembers and LGFCU management.
The latest appointees are Alexis Greer, representing Central Piedmont; Christopher Barnette, Robert Brim, Sue Driver and Samuel Jones representing Coastal Plain; Foothills representative Jeanine Barus; Clarann Mansfield, representing Northern Coast; and representing South Piedmont, Wake and Western Mountain, respectively, Loran Schulte, Bryan Alexander II and Kelly McKee.
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