Mark Your Calendars for NACUSO's Network Conference!
As we continued to follow the news and pandemic safety guidelines, it was clear that holding an in-person conference in Las Vegas was still not an option for March 29th. We’ve been working with the hotel and we are excited to announce that the NACUSO Network Conference will be moved to November 8-11, at the Encore Las Vegas Resort for 2021!

NACUSO has always been 100% dedicated to promoting collaboration through CUSOs and innovative solutions for the credit union movement. We've been successfully advocating for a regulatory environment conducive to collaboration for over 35+ years. While many events work as digital and virtual events, what we’re hearing from our Members and Partners is that the NACUSO Network Conference is best in person, and they're looking forward to reconnecting at the beautiful Encore in Las Vegas!

Please save the dates of November 8-11 to attend the NACUSO Network in Las Vegas this fall! We plan to open conference registration, exhibit package sign-ups and hotel reservations early this summer. Updated event information will be posted at www.NACUSONetwork.com
Regulatory Alert Reminder:
NACUSO's Comment Letter to NCUA's Proposed Amendment to the CUSO Regulation
Comments due by 3/29/21
The NCUA Board, at their January 2021 meeting, approved a proposed amendment to the CUSO Rule that would accomplish two important things:

1.  Expansion of authorized CUSO powers to include all types of loans a federal credit union may originate
2. Granting the NCUA Board additional flexibility to approve permissible activities and services

The NCUA is also seeking comment on broadening FCU investment authority in CUSOs. Comments must be received by March 29, 2021, as the proposed rule change was published in the Federal Register this morning, with a 30-day comment period. We encourage you to submit written comments in support of the NCUA Board proposal, identified by RIN 3133-AE95. Here are the have included links to copies of the following to assist you in preparing your own comment letters (feel free to shorten, edit or add to this draft as needed):
The CUSO Guru, Guy Messick Continues the Collaboration Series
Guy Messick, the CUSO Guru has created a six part series on collaboration. Last week Guy shared the lessons learned. This week, in Part 4, he'll talk about creating the business model.

Guy Messick has also written a book on Collaboration that is available on Amazon.com.
NACUSO Gold Partner Ongoing Operations Continues Lattes & Learning Mastermind Webinar Series
Move your Microsoft EA and perpetual licensing to the cloud for cost savings and first-rate communication tools for your Credit Union.

But, what do all Credit Unions need to know when moving from perpetual licenses to cloud licenses?

  • How will this affect users in your branches where multiple people use the same terminal?
  • How do you compare EA licensing to CSP licensing?
  • What security features do you need to include when migrating to Microsoft’s Cloud?

On Thursday, March 11 at 8:00 a.m. PST, join Hugh Smallwood, CTO of Ongoing Operations, Shane Butcher, C-CISO, CISSP, CCSP, CEH, Senior Solutions and Security Architect, and Brandon Friedman, Senior vCIO, as they dive into what licensing package options are available for your credit union, what benefits you can expect, and what security concerns you must keep top of mind. If you are unable to join in person, please still register. A recording of the webinar will be sent out to all registrants.
NACUSO Gold Partner Alacriti Offers a Look Ahead:
Faster Payments in 2021 Webinar
The pandemic accelerated the need for faster payments, increasing both consumer demand for alternative payment options and the need for adoption by financial institutions. To illustrate, The Clearing House saw their RTP® network reach grow to over 57% of U.S. DDA account balances in December.

The U.S. Faster Payments Council took large steps in addressing the problem of interoperability, which is a huge challenge for real-time payments in the U.S. to reach ubiquity.
In this educational webinar, speakers from The Clearing House, U.S. Faster Payments Council, and Alacriti discuss:

  • Trends that will define payments in 2021
  • Why your institution should offer real-time payments and the top use cases consumer and business clients expect
  • Common misconceptions about faster payments and real-time payments
  • Where to start and next steps for your real-time payments strategy
  • Answers to commonly asked questions about the safety of faster payments
  • What to do if your existing system does not support faster payments and how to modernize quickly and cost-effectively, and more
  • How to reduce payments friction
FAST FIVE:
Public Policy Insights and Developments
Over the past year, the coronavirus (COVID-19) situation has become part of our new reality. Each day presents new challenges and new responses – from governments and organizations alike – that, in turn, presents new realities and challenges we are all feeling deeply.

Mastercard is closely monitoring these events to help ensure we are taking all necessary steps to protect our employees and maintain service to our members.

Thank you Mastercard, our valued Exclusive Premier Card Partner, for these insights. Click on the image to read the latest challenges and opportunities.