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News Now

CU System
NASCUS leadership regional meetings this week
CHICAGO (6/9/10)--The Board of Directors and Credit Union Executive Council of the National Association of State Credit Union Supervisors (NASCUS) will join NASCUS management for association business meetings this week in Chicago. The board and executive council will meet Thursday and Friday to discuss NASCUS' budget for fiscal year 2010-11, as well as regulatory reform, examination issues and other organization business. The NASCUS Board and executive council meet in person three times a year and conduct periodic conference calls. Also, NASCUS Chairman Tom Candon of Vermont will host a regional regulator meeting today with state regulators from six states at the Illinois Department of Financial and Professional Regulation. The meeting is the last of the year in an annual series that aims to provide small group settings for state regulators to discuss regional and national issues of mutual interest. Today's agenda includes proposed rules, pending legislation and examination issues. State regulators attending also can share state-specific issues. "Given the level of activity on the legislative and regulatory fronts, this in-person dialogue comes at a perfect time as we continue to shape our association response and activity with regard to current events in the credit union system
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