The Nebraska Credit Union League hosted a Fall Advocacy Conference on September 20th in Omaha. Ryan Donovan, Chief Advocacy Officer of CUNA provided an update on the advocacy efforts on Capitol Hill as well as recent successes that credit unions have had on Capitol Hill and through regulatory advocacy. He spoke of the importance of the CUNA, League, credit union system in countering the continued drumbeat from the bankers to contain and convert credit unions.
NCUA Region 5 Director Cherie Freed provided information on examination hot topics and the efforts at the NCUA to modernize and improve efficiencies. Ms. Freed will be the Western Region Director starting January 1 which will include Nebraska and twenty-one other states and Guam. Local NCUA supervisors and examiners will remain in place. Steve Worden, Supervisory Examiner was in attendance at the conference as well.
Meghan Stoppel of the Nebraska Attorney General’s office spoke about her role as the Chief of the Consumer Protection Division in the AG’s office and how the office is working with the Legislature, industry stakeholders, law enforcement, and consumers to prevent fraud.
UNO Political Science Professor Dr. Randy Adkins spoke on the November elections both at the state and federal level. He explained historic trends for mid-term elections and compared this November’s election with previous elections to provide attendees with insight into election forecasting.
Frank Diekmann, Cooperator-in-Chief and co-founder of CUToday provided 18 things credit unions need to be thinking about especially as they head into strategic planning season. He talked about rethinking strategies, avoiding boring marketing promotions, recognizing new threats, and providing service to members that they don’t get anywhere else.
Former Senator Dave Landis performed as George W. Norris who served in the House of Representatives for 10 years, the US Senate for 30 years, and was a strong supporter of credit unions during the passage of the Federal Credit Union Act in 1934. He provided the credit union story through the experience of Senator Norris who was ranked at the 5th most significant US Senator in American History by a survey of American Historians.
Julia Plucker who is the retained state lobbyist for the League briefed attendees on the upcoming legislative session and the impact that the November election will have on the Unicameral. There will be twenty-four legislative races with nearly half of them being open seats due to term limits or retirements.