Webinar: Credit Union Fee Income: Regulatory Changes and What's Ahead
Cornerstone League’s Regulatory Compliance Counsel Suzanne Yashewski will discuss recent legal and regulatory updates, including CFPB and NCUA changes impacting fee income, and how Cornerstone League advocates for credit unions.
In addition, America’s Credit Unions Chief Economist Mike Schenk will address challenges due to demographic shifts, geopolitical risks, and new policies. Despite labor market improvements, inflation, interest rates, and financial disparities remain high. Credit unions face rising delinquencies, sluggish loan growth, low earnings, and regulatory pressures, with proposals like government price-fixing on ODP and NSF fees posing significant risks.
Date & Time
Feb. 13, 2025
2:30 - 3:30 p.m. CT
Presenters:
Suzanne Yashewski, Cornerstone League
Suzanne Yashewski is regulatory compliance counsel for Cornerstone League. She leads the operation of Information Central, a service that provides a hotline for compliance questions, an e-newsletter, a comprehensive online compliance manual, and a website with compliance resources. Yashewski is a graduate of Purdue University and Indiana University School of Law and is a noted expert in credit union/banking law, with a background in employment law. She is licensed to practice law in Texas and is a member of the American Bar Association, the Texas Bar Association, and the Austin Bar Association. Yashewski holds certifications as a Credit Union Compliance Expert and Bank Secrecy Compliance Specialist. In 2017, Credit Union Magazine recognized her as a "Rock Star."
Mike Schenk, America's Credit Unions
Mike Schenk has over 40 years of experience in the financial services industry and serves as chief economist for America’s Credit Unions. He conducts economic research and supports the organization’s public relations and advocacy efforts. His analyses regularly appear in trade publications, and he also is a frequent contributor to the financial media.
Schenk serves on the board of the Filene Research Institute, and Summit Credit Union in Madison, Wisconsin – a $7.5 billion financial cooperative with 250,000 members and a focus on helping women avoid poverty in retirement. In his 20 years on the Summit board Mike has served as Board Chair and has Chaired the credit union’s Asset-Liability Management and Risk Management/Internal Audit Committees. He currently serves as the credit union’s Treasurer.
Educational Investment
Registration for this event is complimentary for Cornerstone League member credit union staff and volunteers.
Questions?
For questions about this webinar, please contact Suzanne Yashewski, regulatory & compliance counsel.