MADISON, Wis. (5/12/09)--The Credit Union National Association (CUNA) has announced specific times for new “hot topic” sessions for the America’s Credit Union Conference and Expo, scheduled for June 21-24 in Boston. One session offered is “Corporate Credit Unions & Critical Issues: A Q&A with CUNA President/CEO Dan Mica,” which will be held June 23, from 9 a.m. to 10 a.m. during the conference’s general session. “This is one of the most difficult years most professionals will ever have to face in a lifetime of credit union involvement,” said Mica. “The issues seem to change almost daily, and the information needed to be proactive is in a constant state of change, which is why we felt it was important to add these sessions to help prepare credit unions for the balance of this year and next.” Corporate credit union stabilization will be addressed in several of the sessions. Other new breakout sessions featured are:
* “Net-Worth Management in the New CU Environment”: Many credit unions are feeling net worth pressures. What does it mean in terms of restoring net worth? What are the issues in developing a net-worth restoration plan? These questions and more will be addressed. * “Lending Best Practices During Tough Economic Times”: Attendees will hear from a panel of lending experts discussing: The benefits and how to’s of participating in the Obama administration’s Making Home Affordable Refinance and Modification Program; How CUs are negotiating loan modifications; How are CUs finding good collections people in a competitive environment? * “Key Examination Issues for Credit Unions”: Attendees will hear the latest updates regarding credit union examinations. The session will include a discussion on how examiners will address the issues related to the Corporate Stabilization plan. * “Legislative and Regulatory Update”: Legislative/Regulatory/Troubled Asset Relief Program (TARP) Update--What are the latest developments on key policy issues for the Credit Union System? Issues addressed include spreading out credit unions’ costs associated with the corporate credit union system, bankruptcy, regulatory restructuring interchange fee income, and what TARP has done for banks and how it impacts credit unions.
For more information on times of specific sessions or to register for the America's Credit Union Conference and Expo, use the resource links.