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Pre-Conference Events
HUD Housing Counseling Workshop
This workshop is specifically designed for Federation clients who conduct HUD approved housing counseling activities. The training will include advanced user training on Fannie Mae’s Home Counselor Online (HCO) along with updates and discussions on our national program.
Speakers:
Mark Lynch, CUDE, Federation Consultant & REAL Solutions Field Coach (Sault Ste. Marie, MI)
Munai Newash, North Side Community Federal Credit Union (Chicago, IL)
Terry Ratigan, Federation Senior Consultant (New York, NY)
Dierdre Silverman, Federation Consultant/Alternatives Federal Credit Union (Ithaca, NY)
Lisa Williams, Federation CDCU Mortgage Center Director (Washington, DC)
Marlene Yencho, Fannie Mae Corporation (Washington, DC)
Credit Union Organizing Workshop
This session has been designed for groups interested in organizing their own credit unions to better serve the financial needs of their communities. This session will review the “nuts and bolts” of credit union organizing and will present an opportunity for current CDCU organizers to update each other on their progress, share solutions to regulatory and field of membership hurdles, discuss the benefits of CDFI certification. Participants will also learn about changes to the chartering process implemented by NCUA as a result of the Federation’s advocacy efforts.
Speakers:
William “Bill” Guevara, Director of Institution Development, First Nations Oweesta (Rapid City, SD)
Brian Gately, CUDE, Federation Director of Technical Assistance (New York, NY)
Tawana James, Director of the Office of Small Credit Union Initiatives, NCUA (Alexandria, VA)
Site Visit to First American Credit Union
First American Credit Union (Casa Grande, AZ) is the largest Native American credit union in the country, serving the Navajo nation and many others in Arizona and New Mexico. Chartered in 1962, First American has grown to nearly $62 million in assets and serving 17,280 members. Thanks to the dedication of its volunteer leaders, management, staff, and the credit union’s members, First American Credit Union continues to grow and prosper despite difficult times and a membership that has long been excluded from the financial mainstream.
Community Development Financial Institutions Track
With the support of the Obama Administration, the CDFI Fund now has more resources than ever before in its history. Whether you are a previous grantee, a CDCU considering applying for certification or funding, or an organizing group planning for your future, our day-long track will be help you evaluate your prospects, improve your chances, and remain in compliance.
CDFI Certification: What You Need to Know
Do you have questions about how your credit union can meet CDFI certification requirements and become a certified CDFI? Join representatives of the CDFI Fund for a hands-on workshop to explore the ins and outs of CDFI certification. Speakers will discuss certification criteria and how it applies to credit unions. Participants are encouraged to begin the certification process in advance of the workshop and come with specific questions regarding their applications.
Speaker: Christopher Stever, Certification & Training Program Manager, U.S. Treasury Department CDFI Fund (Washington, DC)
CDFI Fund “Core Programs” Overview
Join representatives from the CDFI Fund who will discuss their various programs, with a focus on the “Core programs”, specifically Financial Assistance (FA) and Technical Assistance (TA) grants. This session will cover the application and selection processes; awards timeline; and requirements for use of program dollars.
Speaker: Ruth Jaure, CDFI Program Manager, U.S. Treasury Department CDFI Fund (Washington, DC)
CDFI Compliance and Reporting
This session will provide a detailed overview of the CDFI Fund’s Compliance Monitoring and Evaluation Unit, recent changes to reporting requirements, and specific compliance reporting issues relevant to credit union awardees. These discussions will cover the use of the FFR 425 that has replaced the SF 269A effective April 1, 2009; the Schedule 7F “Uses of Technical Assistance Report” that has been added to Assistance Agreements; new electronic reporting requirements, the impact of the FY 2009 NOFA definition of affiliates; and common compliance errors with the A-133 Single Audit requirement.
Speaker: Charles McGee, Compliance, Monitoring & Evaluation Manager, U.S. Treasury Department CDFI Fund (Washington, DC)
Housing Crisis and Mortgage Lending Track
Credit Union Options for Rural Mortgage Lending
The Federation’s CDCU Mortgage Center, LLC can help credit unions offer a range of affordable, government-guaranteed mortgage products to your members. This session will examine two national programs promoting mortgage lending in rural communities. Join us to learn about Chase and Fannie Mae’s rural lending programs, and about the US Department of Agriculture classifications of rural communities eligible for these programs. You could be a qualifying institution even if you operate in an urban setting (i.e. small city). Based on their criteria, your credit union may be more “rural” than you think!
Speakers: TBA
Mortgage Lending & Homeownership Strategies for Tough TimesEven if your credit union is not a mortgage lender, you can help your members mitigate the risk of potential foreclosures, which could impact delinquencies on the loan products you do offer. The Federation is the primary HUD-approved consultant to the credit union industry, and this is an opportunity to learn about the resources that are available through the Federation’s HUD Housing Counseling program to help your members avoid scams and connect to the professional counseling services they need.
Speakers:
Steve Delfin, President/CEO, National Credit Union Foundation (Washington, DC)
Terry Ratigan, Federation Senior Consultant (New York, NY)
Lisa Williams, Federation CDCU Mortgage Center Director (Washington, DC)
Credit Union Regulatory, Management and Operations Track
Working with NCUA to Avoid Prompt Corrective Action
With the onset of the National Credit Union Administration’s (NCUA) Stabilization Program, many credit unions are finding themselves at or below the required capitalization minimums and wondering what to do next. This workshop will provide answers to questions that you may never though you would have had to ask before such as what is PCA, what is required to get out of it and how do credit unions of all sizes avoid being in PCA danger again.
Speaker: Nick Sanimarco, Economic Development Specialist, NCUA (Port Washington, NY)
Building Strong Community Collaborations
The U.S. Department of the Treasury will host a session to discuss lessons learned from some of the most successful asset-building programs nationwide, including the Community Financial Access Pilot Program, the Bank on San Francisco Initiative, the First Accounts Program, and other initiatives that have built strong collaborations between credit unions, community organizations, and government entities to provide financial services and education to underserved populations.
Speakers:
Louisa Quittman, Director, Community Programs, U.S. Treasury Department (Washington, DC)
Treina Lind, AVP, Business & Community Relations, St. Louis Community CU (St. Louis, MO)
Marco Chavarin, Program Coordinator, Bank on San Francisco (San Francisco, CA)
Ricky Tolbert, San Francisco Branch Manager, Spectrum FCU (San Francisco, CA)
Emerging Markets Review (EMR)
Check cashers, payday lenders, and buy-here-pay-here auto dealers have been some of the fastest growing segments in the financial sector. In contrast to these high-cost providers, CDCUs and other CDFIs have brought vigorous innovation to the field by offering viable alternatives, but few have been able to develop the scale and sustainability to truly irradicate predatory lenders.
The EMR tool has been developed from an extensive review and classification of succesful product innovations. This session will review credit union opportunities and emerging markets and encourage a holistic self-examination of your institution’s facilities, products and processes, fundraising activities, partnerships, community outreach and education programs. Workshop participants will find out how to identify and introduce the new produts and services to provide the biggest boost to your credit union and the greatest benefit for your members and community
Speakers:
Bill Meyers, Senior Fellow, Aspen Institute (Ithaca, NY)
Terry Ratigan, Federation Senior Consultant (New York, NY)
Loss Mitigation: The Fine Art of Minimizing Losses & Maximizing Returns
In these economic times, with members juggling their finances just to make ends meet, credit unions are finding creative and effective ways to minimize delinquencies and avoid charge-offs and bankruptcies. Two leading community development credit unions with proven track records in loss mitigation will share their unique and successful techniques to maintaining low delinquency ratios, retaining loyal members, and maximizing their credit unions’ returns.
Speakers:
Cheryl Fatnassi, President/CEO Opportunities Credit Union (Burlington, VT)
Saundra Scales, President /CEO First Legacy Federal Credit Union (Charlotte, NC)
Asset-Building and the Aspen Asset Platform
At last year’s 34th Annual Conference on Serving the Underserved, we held a session that looked at best practices in auto lending based on a report commissioned by the Aspen Institute: Steer Clear: How Credit Unions Help Car Buyers Avoid Predatory Loans, available at: http://www.runonthebank.net/download.php?f=SteerClear.pdf.
This year, Steer Clear Auto Lending is being integrated into a national platform that encourages financial counselors to refer their clients to credit unions for affordable auto loans. The Aspen Asset Platform, funded by Living Cities, is a partnership of 14 non-profits to deliver web-based training, tools and financial products to help clients of community-based organizations build assets. The Aspen Asset Platform contains tools to better assess client needs and provide high-quality financial products and services.
Speaker: Bill Meyers, Senior Fellow, Aspen Institute (Ithaca, NY)
Credit Union Survival Strategies
Learn how credit unions of all sizes are benefitting from collaborating through Credit Union Service Organizations, or CUSOs, that lower operational costs and help your institution gain expertise. Credit unions are saving millions of dollars by creating synergies based on cooperative values to meet the needs of their members and communities. Discover existing CUSO opportunities and learn how to form a collaborative CUSO to capitalize on your core strengths and increase institutional capacity. This session panel will include Guy Messick, a pioneer in the development of CUSOs. With credit unions facing one of the most challenging economic environments in memory, CUSOs are indeed a viable solution and an industry-wide best practice.
Speakers:
Guy Messick, Attorney and Counselor at Law, CUSOLaw.com (Media, PA)
Karen Morgan, Senior Vice President, Credit Union Strategic Partners, (Denver, CO)
