Washington State Department of Financial Institutions

DCU Bulletin
NASCUS Holding Directors College, August 20, 2008

March 20, 2008

NO: B-08-02

Make plans to attend Directors College before the State System Summit August 20 in Seattle, WA.

Regulators of all industries – including financial services – are turning their attention to the manner in which boards of directors carry out their responsibilities. At the same time, credit union operations, products, services and regulations are growing in complexity. NASCUS encourages state credit union board members to join us for this one day event geared toward enhancing directors' understanding of the critical statutory, fiduciary and regulatory responsibilities of a director.

Former National Credit Union Administration (NCUA) Chairman Dennis Dollar will kick off the event with a session on director roles and responsibilities. Linda Jekel, director of the Washington Credit Union Division, along with the Division’s Program Manager, Mike Delimont, will detail the regulator and examiner expectations of a director. Sessions also include an overview of essential safety and soundness regulations and the critical elements of compliance.

The school is scheduled from 8:30 a.m. to 4:00 p.m. on August 20 at the Westin Hotel, 1900 5th Avenue, Seattle, WA. Tuition for NASCUS members is $199. Tuition for nonmembers is $299. Content is geared toward credit union directors but all are welcome to attend. NASCUS Summit attendance is not required. If you have any questions or wish to register, please email jenny@nascus.org.

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