NCOFCU-26

BSA/AML Updates and certification.
Examiners are looking for this training…volunteers need to be familiar with BSA requirements. Attendees will walk through an overview and historical background of BSA and learn the specifics every board must actively keep up with, such as BSA policy, risk assessment, ongoing training, and Suspicious Activity Report filings.

As a credit union director, it is crucial to understand your credit union's financial statement because it provides a comprehensive overview of the organization's financial health. The financial statement contains important information about the credit union's assets, liabilities, income, and expenses, which can help you make informed decisions about the organization's future.

By understanding your credit union's financial statement, you can identify areas of strength and weakness, and make strategic decisions to improve the credit union's financial performance. For example, if you notice that the credit union's expenses are increasing faster than its income, you may need to adjust the budget or look for ways to increase revenue. Similarly, if you see that the credit union's loan portfolio is growing rapidly, you may need to ensure that the credit union has adequate reserves to cover potential losses.

Furthermore, understanding the financial statement can help you fulfill your fiduciary responsibilities as a credit union director. You have a duty to act in the best interests of the credit union and its members, and understanding the financial statement is essential to fulfilling this duty. By monitoring the credit union's financial performance and making informed decisions, you can help ensure the long-term success of the credit union and its ability to serve its members.

In summary, understanding your credit union's financial statement is critical to making informed decisions, identifying areas of strength and weakness, fulfilling your fiduciary responsibilities, and ensuring the long-term success of the credit union.

We are so excited to have you all here and to share with you the amazing things we have planned. We have a great lineup of speakers, workshops, and activities that will help us all learn more about the topics that matter most to us.

We hope that this conference will be a place where we can come together to share ideas, learn from each other, and build relationships. We also hope that it will be a place where we can find inspiration and motivation to take action in our own lives.

So let's get started! Let's make this an amazing event and create something special together.

HONOR GUARD  The Tucson Fire Department Honor Guard, in its current form, has been around since the early 2000s, serving at ceremonies and memorials across Arizona. 

Chief Sharon McDonough has served the majority of her 34 years with the City in the Fire Department.
Upon becoming a battalion chief at TFD, she was the first woman to serve as a chief officer in the department.
“Sharon has deep roots in Tucson, bringing to this role more than three decades of service in the Fire Department, progressing through the ranks from firefighter, to paramedic, to captain, battalion chief, and deputy chief. “Chief McDonough stabilized our 911 Communications Department, which is the frontline for our first responders and successfully oversaw the implementation of our 311 system connecting Tucson residents to services. Her career is a reflection of what it means to be a public servant. Congratulations to Sharon McDonough on becoming the first woman fire chief in Tucson’s history, marking an important moment for our City,” added the Mayor.

Each exhibitor will have a few minutes to tell you about themselves and invite you to their booth. https://www.ncofcu.org/sponsors27

Strategic Scenario Planning in Uncertain Times: Because Nostradamus Retired EarlyIf you’re serving on a credit union board, congratulations. You’re a volunteer who willingly signed up to guide an institution in a world that looks like a badly written dystopian novel. Pandemics, inflation, talent shortages, tech disruption, AI deciding it wants your job—these are the plot twists. And, spoiler alert, you don’t get to close the book and walk away.That’s why “strategic scenario planning” has become the new hot buzzword in board governance circles. Don’t worry: this isn’t another corporate fad, like “synergizing our holistic mindfulness KPIs.” Scenario planning is simply what happens when you admit you don’t actually know what the future holds (and yes, your strategic plan still pretends otherwise). It’s about creating structured “what ifs” so that when life happens—and it will—you’re not left blinking into the boardroom’s fluorescent lights saying, “Well, nobody could’ve seen this coming.”

TIM Transform Inspire Motivate
Tim Harrington, CPA RET
President, Timothy P. Harrington, Inc. dba TEAM Resources
[email protected], [email protected]
Office: 520-290-5721 Fax: 520-290-8378 Cell: 520-906-7501

A comprehensive economic update as we approach 2027, and what looks like massive political shifts. This session will explore the latest economic trends, regulatory developments, and market dynamics that could impact the financial landscape this year and beyond. Gain valuable insights to guide your strategic planning, manage risk, and seize opportunities in a rapidly changing environment as Curt addresses:  

• The Economic Outlook
• Interest Rate Forecast
• Credit Union Industry Trends
• Data Driven Advocacy

Steven Rick
Chief Economist
TruStage
Insurance | Investments | Technology
 Named by Forbes as one of America’s Best Insurance Companies 2024.
O 608.665.5454 | M 608.692.2083
[email protected]

Scott F. Simpson 
Scott Simpson is the president/CEO of America’s Credit Unions, a national trade organization representing the unified voice of the credit union movement and the 144 million members it serves.

Scott has served for more than 22 years in the credit union movement, including leading Utah’s Credit Unions, California’s Credit Unions, and Nevada’s Credit Unions. He is inspired by the power of credit unions to change people’s financial lives and holds a lifelong belief in the power of not-for-profit financial cooperatives.

His mission at America’s Credit Unions is to energize and amplify the life-changing impact credit unions create every day, while also enhancing credit unions’ bipartisan appeal among elected officials and policymakers in Washington, D.C.

Scott has served on the boards of America’s Credit Unions (and legacy organization CUNA) and the American Association of Credit Union Leagues. He also chaired the Credit Union Legislative Action Council (CULAC), and the National Advocacy Fund.

Prior to joining the credit union movement, Scott worked on the staff of Sen. Orrin Hatch, and led the Utah Republican Party. A Utah native, Scott holds a bachelor’s degree in public relations and Japanese from Weber State University and is an instrument-rated private pilot.

This talk on fraud in credit unions provides a practical, up-to-date look at how fraudsters operate and how credit unions can protect members and assets. The presenter will cover common schemes (embezzlement, check and ACH fraud, phishing and social engineering, corporate account takeover, insider threats), red flags to watch for, and how fraud evolves with technology. Attendees will gain actionable insights into prevention, detection, and response, plus steps to strengthen controls, governance, and regulatory compliance with guidance from NCUA and related authorities. The session will include real-world case studies, risk assessment methods, and recommended policies, training, and incident response plans.
Key topics:

• Common fraud schemes affecting credit unions and their modus operandi 
• Internal controls, separation of duties, and governance best practices 
• Fraud detection techniques: data analytics, anomaly detection, and monitoring 
• Employee and member education to reduce risk 
• Incident response, reporting requirements, and regulatory considerations (e.g., NCUA) 
• Case studies and practical takeaways for strengthening security posture 

In today’s rapidly changing environment, effective credit union leadership requires more than operational excellence—it demands strategic foresight. Understanding how economic cycles influence member behavior, liquidity, lending, and institutional risk is essential for building long-term stability.
History shows that economic disruption is not an exception but a recurring reality. Since 1900, nearly one-quarter of U.S. economic performance has occurred during periods of recession, financial panic, or major market correction. Across the last century, the nation has faced more than 10 significant economic downturns, each contributing to widespread institutional failures and billions in losses.
For credit unions, the ability to engage in IRR/ALM strategies to anticipate these challenges and respond with confidence is a defining advantage.
In this session, we will simulate the key economic pressures that directly affect credit union performance, from deposit migration and loan demand to liquidity stress and credit risk. We’ll walk through how to build scenarios tailored to your credit union's balance sheet and discuss practical, tested strategies to increase resilience and ensure member service continuity in any environment.

An exciting panel discussion on issues & opportunities today & tomorrow!

• Interest rates and issues
• fraud, cyber, phishing training and risks.
• Fin Tech competition
• Non-Interest Income
• Staffing issues
• Digital Currency, the Fed talked about setting up a digital exchange.
  
  
  
Tucson Panel –
· Emerilda (Emmy) Zeqo/Merilda (CEO CT FF CU)
· Danielle Milner (CEO Boston First Responders CU)
· Robert Kassab (CEO San Francisco FF CU)

NCOFCU, where we are today and looking into the future. As we come together in San Antonio, let's unite and do what credit union people do best: work together. Now more than ever before, unity is the foundation of success not only in business strategies but also in building lasting relationships that will enable us to forge ahead.

This session will provide a high-level overview of the evolving credit card landscape and key industry trends shaping the market. David will touch on strategic considerations for credit unions, including risk-based pricing and data-driven portfolio management, while exploring ways to strengthen programs, enhance member value, and remain competitive in a rapidly changing environment.

David Martinez
President | Core Credit Advisors, LLC
E: [email protected]
P: 312.965.8349
W: CoreCreditAdvisors.com

Credit unions are increasingly integrating cryptocurrency services, driven by member demand and the need to remain competitive. A recent survey indicates that 11% of credit unions are currently offering or piloting cryptocurrency transaction capabilities, with plans to expand in the near future.

This shift is supported by federal guidance allowing credit unions to partner with third-party providers to offer digital asset services, enabling members to buy, sell, and hold cryptocurrencies through their existing financial accounts.

Becky Reed, COO BankSocial shares what she sees as the most critical trends that every credit union leader needs to understand as the future of payments quickly evolves.

• Stablecoin and Tokenized Deposit Rails Become Normalized:
  With the regulatory clarity provided by GENIUS Act and parallel moves by traditional networks, stablecoin and tokenized deposit payments will no longer be a “pilot” concept—they’ll be embedded into mainstream payment infrastructure for faster settlement and lower costs.
• Interchange Compression Drives Fee Model Shifts:
  Traditional interchange will continue to erode as more merchants adopt direct-settlement rails and embedded wallets. Financial institutions will pivot toward new network participation fees, liquidity pool revenue, and value-add service layers instead of relying on swipe fees.
• Programmable, Instant, and Global by Default:
  Payments will increasingly be embedded into apps, contracts, and platforms—not initiated by cards or ACH files. Programmable money, instant settlement, and cross-border capabilities will be baseline expectations, not premium services.

Contact Becky Becky Reed [email protected]

NCUA Deputy Chief of Staff.
Nate Kreoger serves as the NCUA Deputy Chief of Staff. He joined the agency in April 2025, bringing more than 16 years of experience in federal operations, business strategy, and organizational leadership.
Before joining the NCUA, Mr. Kreoger was the Chief Operating Officer of RP, an 8(a) SDVOSB specializing in enterprise information technology and financial and disaster recovery support services. He led the company’s transformation by modernizing systems, scaling operations, and aligning executive leadership to improve performance and build enterprise value.