The New York Credit Union Association’s board of directors recently held our annual strategic planning session and meeting in New Paltz. The meeting provided the board with an opportunity to examine the state of the credit union industry and discuss how the Association can best serve the New York’s credit unions moving forward.
The meeting was held over the course of two days, and it involved in-depth dialogue on how to advance the Association and its Affiliate organizations.
The first portion of the session was led by former NCUA board member Geoff Bacino, who offered a unique “insider’s perspective” on the legislative, regulatory and industry changes affecting our movement. This portion of the meeting included extensive discussions on the current services offered by the Association and how they intersect with the needs of the state’s credit unions.
With Bacino as the facilitator, we also discussed our legislative priorities, particularly at the federal level. In the light of the recent Equifax data breach, legislation addressing data security standards was a major topic.
Next, the board reviewed the Association’s strategic initiatives in each core area, as well as new strategies for engaging the state’s credit unions in the Association’s initiatives.
We also talked about the Association’s centennial anniversary, and our plans to engage the media, lawmakers and the public during our ICU Week rally at the Capitol next week.
The following day, we reviewed financial and operational updates on OwnersChoice, UsNet, our political action committee and the Association. We also approved a number of committee appointments, which will be announced in the weeks ahead.
Finally, this meeting served as a way of welcoming our newest board members: Frank DeGraw of Sunmark FCU and Tony Rohrmeier of Hudson Valley FCU.
As we look forward to the year ahead, the Association will continue to look for new and innovative ways to advance our statewide movement. On behalf of the board, I’d like to thank all of New York’s credit unions for your continued support and engagement.
I wish you all the best as you close out 2017.
Chairwoman, New York Credit Union Association
CEO/Treasurer, Western New York FCU