WASHINGTON – Whether the issue is regulatory modernization, security breaches or legislation, everyone in the credit union community can contribute to positive change, National Credit Union Administration Board Vice Chairman Rick Metsger said Monday.
"All of us have a role," Metsger said during his general session address at CUNA's Governmental Affairs Conference. "The financial services world is continuously evolving. Both you as service providers and we as regulators and insurers need to keep pace with the needs of American consumers. Concentrate on the things you can change. Help us design the best policy for America's credit unions and your members."
Metsger touched on several issues during his remarks, including plans to modernize regulations covering field of membership, fixed assets and member business lending; the importance of cybersecurity; and the agency's proposed risk-based capital rule.
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