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2014 GAC: DATA SECURITY, TAX REFORM
updated 02/11/14 10:30 AM
League Expert Preps Attendees
At the end of February, credit union advocates from across the nation will converge in Washington, D.C. for the Credit Union National Association’s 2014 Governmental Affairs Conference (GAC).

With the recent breakthrough in Congress regarding the nation’s budget and other agenda items, could legislation impacting credit unions be addressed in 2014?

“Following the Target and Neiman-Marcus data breaches, there certainly will be a lot of discussion, as four different bills have been introduced addressing data theft,” said Jeremy Empol, vice president of federal government affairs for the California and Nevada Credit Union Leagues. “Combine data security with the possibility of tax reform, the wind down of Government Sponsored Enterprises Fannie Mae and Freddy Mac, plus charter enhancements such as raising the member business lending cap and parity for attorney trust accounts, and yes, there’s a chance something will be completed by the end of this year.”

Empol added: “At this year’s GAC, California and Nevada will be focused on holding merchants accountable for data breaches, preserving the credit union tax status, and pushing forward on charter enhancements. Our Congressional visits will be limited in time, so our messages will have to be concise—especially with so many points to cover.”

All of these topics will be addressed during the Leagues’ Legislative Briefing, which will be held on Feb. 24 at 1pm, in Room 140 of the Washington Convention Center.

In the meantime, please contact Jeremy Empol for questions about the GAC.

 
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'BIG DATA' SPOTLIGHT: RISK OR REWARD updated 10/22/14 12:06 PM
Three Panelists Share Opinions
With Alessandro Acquisti as moderator, Wednesday’s audience was treated to a lively discussion—and a bit of back-and-forth debate—on the use of “big data” at credit unions and its ramifications.

SPEAKER DELVES INTO DATA PRIVACY updated 10/22/14 11:57 AM
The Credit Union Connection
As the Big Data Panel during REACH 2014 kicked off on Wednesday, it was apparent “big data” is everywhere and infiltrates all facets of our lives. But how much do consumers value their privacy, and what does it mean for credit unions?

SOCIAL CHARM: INGREDIENT FOR SUCCESS updated 10/22/14 07:59 AM
Chen Lizra at REACH
“Engagement” is one of the top buzz words circulating around REACH 2014—and TED speaker, business consultant, and author Chen Lizra shared some unique insights during the general session on Tuesday. Her buzz word: “social charm.”

INNOVATION PANEL SPURS TAKE-AWAYS updated 10/22/14 05:21 PM
Three CU Industry Perspectives
Attendees at REACH 2014 received a plethora of ideas from Tuesday’s innovation panel to take back to their credit unions—not the least of which included more interaction between employees and leaders, and free-flow of ideas from the bottom up.