Matz opened the 90-minute webinar with a 30-minute review of credit union issues that included industry performance, the NCUA’s low-income credit union eligibility initiative, regulatory modernization, corporate stabilization, recently proposed and finalized rules, and the new Office of National Examinations and Supervision, which will supervise large retail credit unions and corporates.
The town hall-style event was opened up to questions from participating credit unions, who asked about topics that ranged from emergency liquidity to the recent legal decision to allow credit unions to change field of membership charters in order to merge.
The most popular topic of the event, however, was exams, with most questions answered by Larry Fazio, director of the Office of Examination and Insurance.
“We had a very good, wide-ranging discussion during the webinar, which is exactly what we want from these events,” Matz said in a release. “I appreciated the participants taking time from busy schedules to attend, and I think those who were not able to join us will get value from being able to access the recording.”