Defense Credit Union Summit

DEFENSE CREDIT UNION SUMMIT
Tuesday, June 19
7:30 a.m. – Noon
Additional registration fee: $100
Includes breakfast and lunch

If you’ve already registered for the conference and would like to purchase tickets to this event, please contact NAFCU’s Member Service Center at msc@nafcu.org or 800.344.5580.

We’ve partnered with the Defense Credit Union Council to provide you with even more access to the best information and exceptional military-based speakers. You’ll receive NAFCU’s and the Defense Credit Union Council’s perspectives on defense issues, learn best practices on serving our service members, and network with other defense credit union leaders.

Agenda:

7:30 a.m. – 8:30 a.m. – Breakfast

8:30 a.m. – 8:35 a.m. – Welcome and Remarks from NAFCU President and CEO B. Dan Berger

8:35 a.m. – 9:30 a.m.  – Defense Credit Union Summit Keynote (TBD)

9:30 a.m. – 9:45 a.m.  – Break

9:45 a.m. – 11:15 a.m. – Defense Credit Union Council Update

  • Overview of DCUC Strategy and 5 Year Plan
  • DCUC DoD Issues Summary
  • Effects of the Dept. of Defense disinterest in consulting defense credit union on banking program matters
  • The Military Lending Act (MLA) impact on small dollar lending and covering the borrowed check “monopoly”
  • New lease language making it much more difficult for credit unions to continue operating on military installations
  • The demise of the “one bank – one credit union” policy
  • “Prohibited source” restrictions resulting in several commanders refusing any type of donation or sponsorship from its on-base credit unions
  • The European Union General Data Protection Regulation’s impact on credit unions operating on overseas installations
  • Obstacles experienced by the Armed Forces Financial Network, whose role is creating financial readiness for our troops

 

11:15 a.m. – 12:00 p.m. –  Lunch