The Nussle Report

Update on CUNA’s work to quantify cost of reg. burden as Dodd/Frank marks five years:

Much will be said and written about the five-year anniversary of the Dodd/Frank Act and the Consumer Financial Protection Bureau it created. After taking a deep dive into the regulatory burden at three credit unions during the past few months, CUNA’s work to quantify the cost of complying with regulatory burden is moving to its next phase. Soon, we’ll be partnering with individual credit unions (150 in all) across asset sizes to expand the analysis and document, in detail, the regulatory burden credit unions face. This crisis of complexity is taking away from your ability to serve your members. Five years in, and it amazes me that regulators seem oblivious to the effects of these and other rules. Not a single agency has calculated the burden that these federal regulations are imposing. Please send Bill Hampel, CUNA’s chief policy officer, a message if you are interested in learning more about participating in this next phase of our work.

ACUC/World Council Conference to set record attendance:

The agenda is set and our co-hosted conference with the World Council of Credit Unions is nearly ready to welcome 3,000 credit union leaders from the United States and 60 other countries to Denver beginning July 12. This strong turn-out will provide all those in attendance with great professional development and networking opportunities and give us an excellent platform to continue to create awareness about all the meaningful work that credit unions do on behalf of consumers world-wide. I look forward to seeing you there. To follow the conversation, check out #CUinDenver2015 and #theCUWay. Click here for more information about the program.

Amy Nigrelli named Chief Marketing & Technology Officer:

I’m pleased to announce that I’ve promoted Amy Nigrelli to Chief Marketing and Technology Officer for CUNA. For the last 5 years, Amy has ably served CUNA’s membership as vice president of marketing communications. In this new Leadership Team position, Amy will head up our marketing and information technology teams. She will lead the effort to strengthen the CUNA brand and communicate our value proposition to our member credit unions; and advance CUNA’s IT strategy to support our advocacy and member service. Before joining CUNA, Amy was head of marketing for McDermott Will & Emery LLP, a top global law firm based in Chicago.

Douglas Kiker named Chief Strategic Communications Officer:

I am also pleased to welcome Douglas Kiker to CUNA as our Chief Strategic Communications Officer. In this Leadership Team position, Douglas will lead all of the association’s communications functions. He will be responsible for developing and implementing external and internal communications and media campaign strategies that strengthen awareness of and support for credit unions and help advance CUNA’s advocacy objectives. Douglas brings nearly two decades of experience and knowledge to CUNA having worked at the highest levels of both journalism and communications strategy. For the last eight years he has worked for Kekst and Company, a leading New York-based strategic corporate communications consultancy. Prior to Kekst, Douglas worked for a decade as a journalist for “60 Minutes”, CBS News’ Political Unit, and in the Washington bureaus of the Associated Press and Fox News.

The collaboration between the teams Amy and Douglas lead will be critical to successfully communicating CUNA’s value proposition to our membership and others.

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