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WASHINGTON, D.C.—The Impact Economy is a fast-growing economic sector at the intersection of "doing good" and "doing well," with nearly $23 trillion in global assets under management. On Tuesday, May 23, Womble Carlyle attorney Richard Garabedian and Director of Impact Strategies Mark Newberg will discuss “The Impact Economy for Credit Unions: An Introduction and an Opportunity” in a Webinar with members of the National Association of Federally-Insured Credit Unions (NAFCU).
Specifically, the Impact Economy is a combination of profit and purpose, seeking to create economic value and positive social outcomes. Within this sector are a myriad of opportunities for credit unions to grow their competitive advantages, enhance services to members, and achieve their organizational missions.
In this Webcast, Garabedian and Newberg will provide a baseline understanding of the Impact Economy, a framework for assessing the opportunities within it, an overview of the regulatory environment surrounding credit unions and impact, and more.
The event is sponsored by Oak Tree Business Systems, Inc., and is open to all credit unions, regardless of membership or charter type.
Click here for more information or to register.
And click here to learn more about how Womble Carlyle serves the Impact Economy.
Richard Garabedian is based in Womble Carlyle’s Washington, D.C. office where he represents financial industry clients in mergers and acquisitions, as well as regulatory matters. He also advises clients on bank and credit union charter changes, new products and services, de novo bank formations, government assisted acquisitions of failing financial institutions, enforcement matters, corporate governance, stock and mutual holding company formations and mutual-to-stock conversions. He is a member of Womble Carlyle’s Impact Economy Team.
Mark Newberg is Director of Impact Strategies for Womble Carlyle, where he is helping launch an Impact Economy practice and develop an integrated Impact Team that is dedicated to powering commerce in the Impact Economy.