Session: "How Do You Do? Meet Tomorrow's Credit Union Executive" by Tansley Stearns
As credit unions look to grow and thrive well into the future, finding tomorrow’s leaders matters more than ever. While we all agree that integrating executives who represent tomorrow’s members matters, putting that into action can be challenging. In this interactive session we’ll explore
Identifying a long-term roadmap for potential new executives
Defining the persona of potential executives
Defining the role of new board members in our rapidly changing world
Attracting and retaining new board members
Integrating new executives successfully
You’ll leave this session with concrete ideas that you can put into action with your CU immediately.
Session: Moderator - Tansley Stearns
Round Table Discussion. 2020 "What have we learned and where do we go from here by Tansley Stearns"
This informative participant driven session is guided by a knowledgeable NCUMA Moderator. The Moderator keeps the discussion flowing, and topics moving allowing attendees to get the most benefit from their time.
Session I: "Economic Update Part I" by Elliot Eisenberg
Attend this entertaining and informative presentation on the economy and learn from Dr. Eisenberg how all four parts of GDP including households, corporations, governments spending and net exports are likely to perform in CY2021 in light of Sars-Cov-2. Also, learn how inflation is likely to behave and what the Fed is likely to do with short-term interest rates and how long-term rates are likely to perform. Elliot will also look at net interest margins, ROA, the shape of the yield curve, loan loss reserves and bank profitability. Time will also be devoted to carefully examining, energy markets, labor markets and wages are how they are performing given the shock of the novel coronavirus. Dr. Eisenberg will also look at auto sales, consumer sentiment, small business sentiment and the rest of the macro economy including international trade and tariffs. Attention will also be devoted to examining default rates across major household assets classes including auto loans, home mortgages, and credit cards.
Session II: "Economic Update Part II" by Elliot Eisenberg
This session will focus on all classes of real estate including retail, office, industrial, commercial, and agricultural but with particular attention being devoted to the residential housing including multifamily but specifically the single-family residential housing market. Attention will be devoted to explaining the many problems it faces including high prices, a profound lack of inventory, high input costs and numerous regulatory barriers which are resulting in systematically limited construction activity which is exacerbated by Millennial demographic changes. Throughout the presentation, special attention will be devoted to the impacts of Covid-19. This session will also carefully discuss the likely path of housing starts, housing sales, home prices, mortgage applications and mortgage refinancing activity through CY2021. This session will end by briefly comparing economic conditions across all 50 states.
Session I: "Top 10 Credit Union Mistakes" by Andy Keeney
Throughout Andy's legal career of representing hundreds and hundreds of credit unions he was confronted with dozens and dozens of issues that if made public in the press or in a lawsuit, it would have been devastating to the credit union involved. This program will highlight Andy's top 10 and provide great insight as to what your Board or Credit Union should do to avoid the traps or mistakes of others.. Be prepared for some head shaking stories and some great takeaways as to how not to stray.
Session II: "The Future Direction of Credit Unions" by Andy Keeney
Who will be the members of the future? Your future management team? Your future Board members and will any or all of them support a path towards marijuana banking? As you look around your credit union and your Board table you will conclude that in the next 10 years there will be great change. The question is whether or not your Board and your credit union are prepared to change the status quo and to encourage Millennials to become members, be part of the management team and maybe even expand into marijuana banking. Learn how other credit unions have become flexible to welcome working moms to their Board, Millennials with face piercing and visible tattoos on the management team and how they are addressing marijuana banking.
Session I: "Financial Crime Prevention & Detection" by Kevin Eack
With so many threats confronting financial institutions today, it can be overwhelming. This block of instruction will cover the most significant threats that confront your institution, including the best practices
Session II: “Financial Crime Response" by Kevin Eack
In this second session, Kevin will walk you through lessons on how to combat the threats covered in the first session.