NJCUL's 2nd Annual Volunteer Conference Features NJ DOBI Commissioner, Valuable Presentations

PRINCETON, N.J. - The New Jersey Credit Union League held its 2nd Annual Volunteer Conference this past weekend. Last year, the League reinstituted an annual conference for credit union directors and supervisory committee members after more than a decade hiatus. The recommendation came from the League's NJ DNA group (NJ Director Networking Alliance).

 VolunteerConfCommissioner
 From left to right: United Teletech Financial FCU 1st Vice Chairman and NJ CU
 Foundation Chairman Michael Hou; Credit Union of New Jersey Chairman, member of
 CUNA’s Volunteer Leadership Committee (VLC), and NJ CU Foundation Board Member
 Gary Chizmadia; NJ DOBI Commissioner Marlene Caride; and NJCUL President/CEO David Frankil.

The conference was kicked-off Friday evening with a reception and dinner. NJ Department of Banking and Insurance (DOBI) Commissioner Marlene Caride attended the opening reception to hear from participants about issues facing credit unions and how DOBI could be helpful. 

After breakfast and a brief welcome from NJCUL President/CEO David Frankil, the morning session included presentations from Tracy Morgan, managing partner of North-Star Strategies, NJCUL SVP of Compliance and Regulatory Affairs Nicola Foggie, and Professor Ben Dworkin, founding director of Rowan University’s Institute for Public Policy and Citizenship.

Tracy Morgan’s presentation covered the “Four Pillars of Board Effectiveness.” Nicola Foggie led an open discussion on challenges facing supervisory committees followed by an update on hot compliance topics. Dr. Ben Dworkin then regaled participants with his “Inside Politics: Where We Are, Where We’re Headed.”    

After a networking lunch during which attendees had the opportunity speak one-on-one with conference speakers, the group reconvened to hear presentations on cyber-security, the economy, and CUNA’s Army of Volunteer Advocates.

Harry Srolovitz from Atlantic, Tomorrow's Office talked about a “Board’s Responsibility to Protect Member Data.” His presentation included an interesting Web site, ThreatCloud, that illustrates, in real-time, cyber threats being launched around the world. If that wasn’t scary enough, he also briefed participants on the “Dark Web,” what it is, how it functions, and what’s available to criminal elements.

Dr. Andrew Haughwout, from the Federal Reserve Bank of NY, then updated participants on the economic outlook for the region and the nation.

The day concluded with a presentation on the CUNA/League System’s Army of Volunteer Advocates by Adam Engelman, CUNA’s director of grassroots programs. The “Army” is the brainchild of CUNA’s Volunteer Leadership Committee. Credit Union of New Jersey Board Chairman Gary Chizmadia serves on the Committee and has taken a leadership role in organizing the Army here in New Jersey and across the nation.    

More photos from this year's Director's Conference can be found by going to NJCUL's Facebook page