NJCUL President/CEO David Frankil and Lt. Governor Kim Guadagno Kick Off League’s 83rd Annual Meeting and Convention at the Golden Nugget in Atlantic City

ATLANTIC CITY, N.J. – New Jersey Credit Union League President/CEO David Frankil kicked off the NJCUL’s 83rd Annual Meeting & Convention at the Golden Nugget in Atlantic City Monday morning during the Opening Session, which also featured Lieutenant Governor Kim Guadagno and CUNA Mutual Group-sponsored Keynote Speaker Lisa Servon (see related story).

Frankil kicked things off with a look back at promises made and promises kept by the League in 2017, including the launch of free monthly compliance webinars and expanded compliance services, a rejuvenated awareness campaign consisting of the Legacy and Leaders Series, quarterly customized perform reports, and more.

He then shifted the focus to the future, outlining the League's plans for 2018. He announced the League's new consumer awareness campaign focused on the concept of "crowdfunding" that has the potential to drive loan opportunities directly to member CUs, a new FOM tool that's a benefit of membership, new workshops, and more.

A continuing focus for the League is regulatory and legislative advocacy; Frankil outlined issues both on the local and federal level that the League is pushing for, including electronic lien titling.

An advocate for electronic lien titling in Trenton, Lt. Governor Kim Guadagno opened her address by sharing her personal story of getting her first car loan from a credit union that gave her a chance when she didn't have any credit history.

Guadago visited the League office back in August to hear first-hand about credit union issues and concerns. Among the issues credit union advocates discussed with the Lt. Governor were the need for the NJ Motor Vehicle Commission to adopt electronic lien and titling (ELT), expansion of the state’s green energy loan program, foreclosure reform, and strengthening the dual charter system by making the NJ state credit union charter more competitive.

During her address Monday, the Lt. Governor stressed how, if elected governor, she wants to lower property taxes to keep New Jerseyans in the state as well as fix issues with the education and pension systems.

A familiar face to New Jersey credit unions, Guadagno addressed a general session during the League’s 80th Annual Meeting and Convention in 2014.