League Meets with NCUA Board Vice Chair Kyle Hauptman

PHOTO: NCUA Board Vice Chairman Kyle Hauptman (pictured left) with League Chief Advocacy Officer JT Blau.

While legislative advocacy is often front-and-center at America's Credit Unions' Governmental Affairs Conference (GAC), your League is always seeking opportunities to engage with regulators, as well. 

Chief Advocacy Officer JT Blau met Sunday with National Credit Union Administration Board Vice Chairman Kyle Hauptman to discuss a number of issues, including credit union board meeting frequency, challenges facing board and supervisory committee members, and upcoming call report changes.

"It's important that we communicate with regulators about both the challenges and potential opportunities we have in serving our members," said Blau.

From a League standpoint, we remain engaged with the NCUA Board on a host of issues, including:

• Strategic and budget priorities
• Agency expenditures
• Field-of-membership reforms and enhancements
• Success for credit unions of all sizes
• Consumer financial protection issues
• Transparency in Call Report changes
• Flexibility in managing risks (interest rate, credit, liquidity)
• Cybersecurity
• Fraud
• Emerging technologies
• Formation of an advisory council of credit union executives to interact directly with the board and agency
• Development of a metric for measuring the costs borne by credit union members in funding NCUA in relation to the performance and relative success of credit unions within the financial services industry

Related articles:

• NCUA Call Report Update: Focus on Overdraft & NSF Fees; Penalties Resume
• REGular Blog: An Update on NCUA Requiring Large Credit Unions to Report Overdraft and NSF Fee Income
• NCUA Share Insurance Fund Update: Diving into CAMELS Code Data
• NCUA Issues HMDA Reg Alert
• REGular Blog: Harper Signals Additional Reporting Requirement for Large CUs
• League Notes Concerns With NCUA Plan to Collect Overdraft, NSF Info From Large CUs
• REGular Blog: NCUA's 2024 Supervisory Priorities - Part 2
• League Offers Insights, Analysis on NCUA’s Supervisory Priorities