Skip to main content

This and That: Power of Attorney; Current Issues; Disaster Recovery; Newsletters

Written by Steve Van Beek NAFCU
With all the regulatory proposals, final rules, hearings, actions by the CFPB and other happenings, I thought we'd slow it down a bit for Friday. Below are just a few links that might be useful.
Power of Attorney. Andy Keeney had a great article in the CU Times discussing issues to consider when reviewing and accepting a Power of Attorney from a member.
Current Issues in Credit Unions. The latest podcast (Episode 67!!!) features discussion on writing comment letters, TDRs, loan participations and more.
Webcast on Disaster Recovery. On Wednesday, February 8th, NAFCU will have a webcast on Disaster Recovery Plans featuring Rob Rutkowski (who you may recognize from the Current Issues podcasts).
February 2012 Compliance Monitor. The latest issue of the Compliance Monitor is available for NAFCU-members. This month, the articles focus on the loan participation and Reg Flex proposed rules as well as a brief recap of the rules issued at the tail end of January.
BSA Blast. The January 2012 issue of the BSA Blast (which is quarterly) is also available. As usual, the Blast is followed by a BSA Quiz - with answer sheet - that serves as a useful training tool for staff.   **** Read More; This and That: Power of Attorney; Current Issues; Disaster Recovery; Newsletters:

Comments

Popular posts from this blog

Let the Truth be Told - Why a New NCUA Rule Could Jolt Credit Union Innovation

The National Credit Union Administration has finalized a rule to improve board and executive succession planning within the credit union industry. This strategic move aims to curb the trend of mergers driven by technological stagnation and poor succession strategies, ensuring more credit unions maintain their independence and enhance their technological capabilities. By Ken McCarthy, Manager of marketing communications at Tyfone Credit unions are merging out of existence because of an inability to invest in technology, the National Credit Union Administration Board wrote when introducing its now finalized rule on board succession planning. The regulator now requires credit unions to establish succession planning for critical positions in their organizations. But it’s likely to have even wider effects, such as preserving more independent charters and shaking up the perspectives of those on credit union boards. “Voluntary mergers can be used to create economies of scale to offer more or ...

Speakers & Sessions For NCOFCU 24 San Antonio TX.

National Council of Firefighter Credit Unions Inc (NCOFCU)  Speakers and Schedule! It is the National Council of Firefighter Credit Unions (NCOFCU) "GO TO Conference" for credit unions serving first responders! Who should attend? CEO's, VP's Directors and Staff See What's Planned Register Here! Bring your spouse, bring a guest to enjoy San Antonio, TX River Walk 4 Days Golf 16 + Sessions Alamo Reception Closing Dinner Right on the San Antonio River Walk Several Networking events Open Forums Idea Exchange Events Panel Discussions of CU Leaders National & Industry Speakers Trends in First-Responder Credit Unions Director & Volunteer Sessions Exhibitors ShowcaseAnd  So Much More! HOTEL REGISTER HERE

Armand Parvazi MBA CUDE - Last Friday marked his last day with New Orleans Firemen’s Federal Credit Union.

It’s been an incredible journey, but it’s bittersweet to announce that Friday marked my last day with New Orleans Firemen’s Federal Credit Union. We've accomplished so much together in my six years as Chief Administrative and Development Officer. Some of the highlights: Implemented a data-driven marketing strategy that delivers over 1,800% annual ROI. Developed automated triggers to ensure members receive the right offers at the right time. Grew assets by 61% and increased products per new member from 1.88 to 2.62. Converted online banking to enhance the member experience. Introduced a loan origination system for faster and more efficient loan processing. Transitioned to a mobile-first financial institution to meet members where they are. Pioneered the first Cancer Care loan pause program in the nation (in collaboration with Andy Janning ) Secured nearly $17 million in grants for our impactful work. Expanded our field of membership to 35 parishes and counties and added numerous fi...