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Johnson Addresses CUNA CFO Council

SAN DIEGO - Before a record CUNA CFO Council audience, NCUA Chairman JoAnn Johnson outlined her plans to keep the agency humming along. Johnson began by emphasizing the importance of financial education, which will be a key focus in her administration, noting that financial education should start early. She indicated...

By Staff Writer | Updated on May 25, 2004

SAN DIEGO – Before a record CUNA CFO Council audience, NCUA Chairman JoAnn Johnson outlined her plans to keep the agency humming along. Johnson began by emphasizing the importance of financial education, which will be a key focus in her administration, noting that financial education should start early. She indicated that the largest increases in bankruptcy filings in those under the age of 25. Johnson, a former teacher, recommended that credit unions partner with organizations in the community to help with financial education. Johnson also talked about a new online subscription service for updates on legal opinion letters and other information NCUA will be offering soon. She said she also plans to focus resources on examiner training, as safety and soundness will be her number one priority. The CFO Council’s 10th annual conference and roundtable reported a record 270 participants.

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