National Credit Union Administration Chairman Todd M. Harper spoke today at the 2023 Governmental Affairs Conference in Washington, D.C., where he discussed the state of the credit union system and the increasing levels of interest rate, liquidity, and cybersecurity risk that credit unions are facing.
Chairman Harper also discussed the NCUA’s legislative priorities, which include restoring the Central Liquidity Facility’s agent member flexibility and expanded borrowing authority, and oversight of credit union service organizations and third-party vendors. He also discussed the importance of small, low-income, and minority depository institutions and consumer financial protection.
To view Chairman Harper’s full remarks, please go to NCUA.gov.