CURRENT Newsletter | March 21, 2023

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League Hosting Virtual 'Credit Union Roundtable' March 22 on Bank Failures, CU Response

Credit Unions: Join us on March 22 (11 a.m.) as we discuss the recent high-profile bank failures and their impact on the financial marketplace and what we're hearing in Washington from lawmakers and regulators.

Register

Help Members Maximize Their Account Insurance

Help members maximize their share insurance! Our credit unions have access to the Account Insurance Estimator through League InfoSight to help communicate NCUSIF insurance coverage. Easily answer your members' questions about the availability of additional coverage. Training and overview webinar set for March 22 (2 p.m.)!

IGNITE 2023 Education Session: How to Get the Most Out of AI Loan Decisioning

We're excited to announce yet another education session for IGNITE 2023! Zest AI will offer a program on finding efficiency gains in the consumer loan underwriting process. In today's world, people crave and prioritize speed and simplicity. Everything we do can be done at our fingertips and with a few clicks. Instant gratification is the name of the game, and that holds true for loan applications, as well.

Last Chance: Kirsch/Farley Nominations Due Noon, March 22

We are seeking your recommendations for prospective candidates for our annual awards. The Virginia Credit Union League Board will name the winners of this year’s James P. Kirsch Lifetime Achievement Award and Eugene H. Farley Jr. Award of Excellence at the Annual Meeting in Williamsburg on May 25, 2023.

CU Directors: Registration Now Open for SE Regional Directors’ Conference

Join us July 23-26 in Memphis, Tennessee for the Southeast Regional Directors Conference. This year’s conference features a full range of informative educational sessions on critical, timely issues related to the economy, lending environment, and more.

NCUA to Host Loan Risk Webinar March 22

Credit unions can get new information about loan risks on a March 22 webinar hosted by NCUA. The webinar is scheduled to begin at 2 p.m. and last approximately 60 minutes.

CECL 2023: The Importance of Robust indicators, Critical Economic Considerations

Join City National Rochdale & CUNA Mutual Group on March 23, at 2 p.m. for a webinar on how the rate environment has impacted credit union financials and navigating within CECL. We will also discuss outside economic factors in the market and what we can expect in the near future...and beyond. This webinar will be an open discussion, so we welcome your questions and comments.