NCUA Chairman Rodney Hood visits Indiana League
From left: Indiana League SVP Governmental Affairs Chris Beaumont; Purdue FCU President/CEO Bob Falk; Indiana League President John McKenzie; Indiana League SVP League Services & Regulatory Analysis Joe Guilfoy; Elements Financial FCU EVP Lending & Sales Ron Senci; NCUA Chairman Rodney Hood; Interra CU CEO Amy Sink; Encompass FCU CEO Matt Lambert; Members Source CU Board Member Chuck Donovan; Afena FCU President/CEO Karen Madry; Via CU President/CEO Dave Abernathy; Hoosier Hills CU President/CEO George McNichols; Indiana University CU President/CEO Bryan Price. (Indiana Credit Union League photo)
NCUA Chairman Rodney Hood was at the Indiana Credit Union League office Monday to visit with several members of the League board of directors, members of its Governmental Affairs Committee and senior management.
Hood, who also spoke to the National Urban League Conference in Indianapolis about credit union small business lending while he was in town, commented that he appreciated the chance to hear directly from credit union leaders who are serving their members every day.
He talked to the group about his top priorities like regulatory relief, support for member business lending, cybersecurity, facilitating innovation within the agency and in credit unions, providing current expected credit loss (CECL) guidance and assistance, helping credit unions serve the underserved and continuing strong credit union capital adequacy through a more holistic approach to capital requirements.
“It was a pleasure to host Chairman Hood and to provide a dialogue between him and Indiana credit unions,” said League President John McKenzie. “We appreciate his emphasis on making regulations effective without being excessive and we support NCUA’s recent action to delay its risk-based capital rule as well as its proposed rule on public unit and non-member shares.”
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