DCUC Virtual Annual Conference: Together in Spirit Day Two
WASHINGTON, DC (August 12, 2020) — The second day of DCUC’s virtual annual conference began with the Council’s Annual Business Meeting. During the video conference, DCUC Chairman Michael Kloiber, President/CEO of Tinker FCU, shared some of DCUC’s major accomplishments since last year’s meeting. Despite the challenges posed by the COVID-19 pandemic and transition to working from home, DCUC has achieved several major accomplishments, including: publishing a new 165-page Armed Forces Financial Guide, releasing a new “Why We Do What We Do Video” that has been co-branded with more than 40 DCUC member credit unions, and increasing visibility across the credit union industry. DCUC President/CEO Tony Hernandez briefed members with an operational update focusing on strategic operations and member advocacy.
During the meeting, three DCUC Board Member positions were filled. Frank Padak, President/CEO, Scott CU, and Jack Fallis, President/CEO, Global CU, were both re-elected to their Representative-at-Large positions, while Maggie Sayer, President/CEO, Keys FCU, was elected to serve the remaining balance of the Navy/Coast Guard Representative term.
The day ended with Credit Union Liaison Officer Updates from Navy Banking Liaison Officer John Wynn as well as Air Force Banking Manager Michael Windsor and Liaison Officer Robert Burke.
The Navy Banking Update focused on the additional challenges to day-to-day operations during the pandemic and how credit unions are working with installation leadership, funding constraints to support the program, and timing for future Navy Distinguished Credit Union of the Year Awards. Wynn also congratulated the 2019 winners, Sea Air FCU and Navy FCU. Wynn closed the meeting by highlighting an OSD memo regarding leases and reimbursements that has raised many questions from on-base credit unions, noting that the Navy is still seeking guidance and clarification.
In a simultaneous session, Windsor thanked the Air Force credit unions for all the excellent work that they have done for financial education. He noted that Air Force credit unions are doing a great job partnering with on-base services and providing opportunities through webinars and video training during this time. Windsor also covered commercial sponsorships and enforcing the one bank/one credit union policy. He continued with a brief discussion on on-base operating agreements, many of which are up for renewal and re-solicitation. Finally, Windsor discussed the Air Force Distinguished Credit Union of the Year Award and what they look for in application packages, underscoring the need for specific details.
As the second day of DCUC’s “Together in Spirit” Conference comes to an end, DCUC is grateful for how engaged its membership has been throughout the sessions. DCUC is proud to represent them and the work they do to serve the financial needs of our military every day.
About Defense Credit Union Council (DCUC)
The Defense Credit Union Council is the premier resource for credit unions on all military and veteran matters. By maintaining a close and constant liaison with the Pentagon, Capitol Hill, and NCUA, the Council champions the interests of credit unions serving our military and veteran communities by coordinating policy, procedures, and legislation impacting morale and welfare, financial readiness, and the delivery of quality financial products and services. Organized in 1963, the Council’s membership is comprised of 180 credit unions with over 35 million members. If you would like more information about this topic, please contact DCUC at alert@dcuc.org.
