Federation 2015 Annual Conference and CUNA Community Credit Union Conference Blog
September 23, 2015
Energy was high this morning for the kick-off of the first ever National Federation of CDCUs and CUNA Community Credit Union joint conference in Phoenix, AZ. Todd Spiczenksi, CUNA's Chief Products & Services Officer highlighted the wide diversity of credit unions attendees and warmed things up with a getting to know you exercise. Federation CEO Cathie Mahon reminded us all of the importance of collaboration, not just among credit unions, but also with banks and community partners in order to be successful in serving the underserved. The big news of the morning was the announcement of Bank of America's commitment to invest $10 million in a new Federation secondary capital product that will be deployed in CDCUs around the country. The audience heard from Dan Latendre, Bank of America's CDFI Managing Director, who received an impromptu standing ovation from the crowd. We also learned about the first 3 credit unions to receive the new secondary capital product investments: Freedom First FCU in Roanoke, VA; IH Mississippi Valley CU in Moline, IL; and Suncoast Credit Union in Tampa, FL. A busy start to the day!
Clockwise from top: Todd Spiczenski, and Cathie Mahon; Irene and Kisha man the Registration Desk; Dan Letendre, Susan Winstead, Cathie Mahon and Eben Sheaffer; Exhibitors and Friends from NCB; Daniel Dodd-Ramirez from CFPB takes a question from the audience; attendees swap notes at the CU Breakthrough Clinic.