NACCA Committees

NACCA offers a wide array of opportunities for members to actively participate in the development, oversight, and execution of the Association’s goals through its various committees. By joining a committee, members have the chance to collaborate with colleagues across the country, contribute their expertise, and help shape the future of consumer credit regulation. Whether your interests lie in finance, legislation, education, or consumer services, there is a committee where you can make a meaningful impact. Participation in a committee not only enhances your professional development but also supports the important work of NACCA in fostering excellence and uniformity in regulatory practices.

Getting involved is simple—review the descriptions of the committees below to find one that aligns with your interests and expertise. Some committees require regular meetings, either virtually or in person, and provide opportunities to lead or contribute to key initiatives. If you're ready to contribute to NACCA's mission, reach out to the Executive Director or the chair of a specific committee to express your interest. Being a part of a NACCA committee is a rewarding way to expand your network, deepen your knowledge, and drive meaningful change in the regulatory landscape.

NACCA 2024-2025 Committee List

AMENDMENT COMMITTEE

The Amendment Committee shall review the NACCA Constitution and By Laws prior to January 15 and submit any proposed amendments to the Executive Committee by January 31st. For any proposed amendments deemed worthy by the Executive Committee, the Amendment Committee will draft said amendments in legislative form and submit them to the membership pursuant to Article XI of the Constitution.

An additional update report shall be furnished to the Executive Director 30 days prior to the start of the Annual Meeting.

AUDIT/FINANCE COMMITTEE

The Audit and Finance Committee shall audit the books of the Secretary-Treasurer and Executive Director to account for all monies spent. All NACCA bank accounts shall be reconciled monthly. The committee may make recommendations to the members of the Executive Committee for improvement of accounting controls or methods of disbursement. The committee may investigate various methods of funding NACCA's activities and present their findings and recommendations to the Executive Committee.

An audit of the Association's funds shall be made by this Committee at the close of the Association’s fiscal year during each scheduled annual meeting and at such other times as may be ordered by the Executive Committee. Upon completion of the audit, this Committee shall give a written report of its findings to the membership.

The Committee shall examine the Association’s 990EZ Federal Tax Return for accuracy before it is filed.

A written report shall be furnished to the Executive Committee by January 31 detailing what has been done this fiscal year and what activities will take place the remainder of the fiscal year and an additional update report shall be furnished to the Executive Director 30 days prior to the start of the Annual Meeting.

CONSUMER FINANCE EXAMINATION STANDARDS COMMITTEE

The Consumer Finance Examination Standards Committee is the state representative body responsible for developing examination standards and work programs for single-state and multi-state examinations conducted either independently or on the State Examination System (SES). This includes developing standard Information Requests, Examination Procedures, and References for Networked and Full Scope Consumer Finance Exams.

A written report shall be furnished to the Executive Committee by January 31 detailing the activities of this fiscal year and anticipated activities for the remainder of the fiscal year. An additional update report shall be furnished to the Executive Director 30 days prior to the start of the Annual Meeting.

CONSUMER SERVICES COMMITTEE

The Committee strives to achieve information sharing between different agencies on consumer services to maximize the limited resources state agencies have. This includes the complaint process, educational outreach, and resources available to help consumers. The Committee shall make suggestions to, and collaborate with, the Continuing Education Committee regarding consumer services topics and speakers for the annual Examiners’ School. In addition, the Committee shall review the consumer services information on the association’s website and recommend updates and enhancements as needed. The Committee shall collaborate with the Information Technology committee regarding enhancements to the website.

CONTINUING EDUCATION COMMITTEE

The Committee is responsible for planning the annual Examiners’ School. In doing so, it shall seek input from, or collaborate with, other committees (particularly the Consumer Services, Auto Finance and Payday Lending Committees) regarding topics and potential speakers.

The Committee should have its first conference call planning meeting in January and then furnish a written report to the Executive Committee by January 31 detailing what is being planned for the next Examiners’ School and an additional update report shall be furnished to the Executive Director 30 days prior to the start of the Annual Meeting.

DISTINQUISHED SERVICE AWARD (DSA) SELECTION COMMITTEE

Prior to the annual meeting each year, the Executive Director will solicit DSA nominations from all current NACCA members and honorary NACCA members. Once nominations are received, they are distributed, discussed, and voted on by the DSA selection. If a member is chosen for the DSA, it will be presented at the Annual Meeting.

EMERGING ISSUES COMMITTEE

The emerging issues committee identifies emerging issues and trends related to the supervision of consumer financial companies and laws related thereto, assists in formulating coordinated information requests and makes recommendations to the Executive Committee. The Committee may survey members to identify certain products or businesses of interest.

EXECUTIVE COMMITTEE

The Executive Committee shall conduct the business of the Association.

INFORMATION TECHNOLOGY COMMITTEE

The Committee shall monitor the Association's website and make updates as requested by the Executive Committee or the Consumer Services Committee as deemed necessary. It shall also be involved in the implementation of enhancements to the website including the selection process for a vendor to develop and provide enhancements.

LEGISLATION COMMITTEE

The Legislation Committee shall act as a legislative, regulatory, and litigation information clearinghouse for NACCA members. The Committee shall draft written comments to proposed rules, regulations and legislation and draft amicus briefs or similar filings pursuant to Article XII of the Constitution. The Committee shall also distribute information regarding relevant proposed rule-making or proposed or enacted legislation.

MEMBERSHIP COMMITTEE

The Membership Committee may contact agencies that supervise and regulate the consumer credit industry that are not members or are not active participants of NACCA and encourage them to join NACCA and/or participate in its activities. The Committee may survey non-members and non-participating members as to their reasons for non-involvement and members for ways to add value to the membership, and make recommendations to the Executive Committee accordingly.

Multistate Consumer Finance Examinations Committee

The state representative body is responsible for overseeing multistate examinations (involving multiple NACCA member states) and coordinated examinations (involving NACCA member states and federal regulators). The role of the Committee is to provide supervisory and administrative support to the examination of multistate consumer finance companies, including companies that engage in payday lending, auto finance, or any other form of consumer finance. The Committee's duties include the examination of identified multistate consumer finance companies, reviewing preliminary results, and approving final reports of examination. The Committee shall also coordinate any necessary negotiations regarding corrective actions and multistate settlements.

The Committee Chair shall submit a written report to the Executive Committee by January 31 each year detailing the Committee's activities to date during the current fiscal year and the activities scheduled to occur during the remainder of the current fiscal year. The Committee Chair shall also furnish an additional report to the Executive Director 30 days prior to the start of the Annual Meeting.

NEWSLETTER COMMITTEE

The Committee shall obtain information and news and publish a quarterly newsletter that is beneficial to NACCA members.

NATIONWIDE MULTISTATE LICENSING SYSTEM & REGISTRY (NMLS) POLICY COMMITTEE

This Committee is comprised of 11 state financial services regulators, one of whom is a designated representative of NACCA. The NMLS Policy Committee provides SRR a mechanism to make policy decisions and assist with certain operation matters for NMLS with regards to its impact on meeting state licensing regulations. Decisions are made after considering input from NMLS participating state agencies, licensees and industry. The NMLS Policy Committee addresses the following types of issues: regulatory policies that govern NMLS, NMLS development decisions, prioritization of NMLS functionality, NMLS Public Comments, and suppression requests concerning NMLS Consumer Access. The Policy Committee meets at least monthly by conference call. Policy Committee members serve a 2-year term. The NACCA representative's term begins on July 1 of an even-numbered year.

NOMINATIONS COMMITTEE

The Nomination Committee shall recommend a slate of officers for the ensuing year to the membership of NACCA at least 30 days in advance of the annual business meeting in accordance with Article III of the By Laws.

PAST PRESIDENTS ADVISORY COMMITTEE

The Past Presidents Advisory Committee consists of past presidents of NACCA who shall give advice to the Executive Committee on matters affecting the operation of NACCA when requested.

PROGRAM AND CONVENTION COMMITTEE

The Program and Convention Committee shall develop the program for the annual meeting, and any joint industry meeting, that best benefits NACCA's members. The committee is responsible for coordination and presentation of the program with approval of the Executive Committee and shall assist the Executive Committee with activities of the annual meeting.

REMEMBRANCE COMMITTEE

Upon notification of the death of a current or honorary NACCA member, the Committee shall send flowers or make a contribution to a charity of the family’s choice and a sympathy card on behalf of the Association. At the Annual Meeting, this Committee also reports to the membership on the death or illness of any current or past member that it has become aware of since the last Annual Meeting.

STATE COORDINATING COMMITTEE (SCC)

The SCC is a committee comprised of the various regulatory associations (NACCA, AARMR, MTRA, NACARA, and NASCUS) along with CSBS and the CFPB and strives to bring greater coordination and uniformity to the regulatory activities of the states and the CFPB. Pursuant to the Information-Sharing MOU that was established to create the SCC , the states, through the various regulatory associations, agree to:

Promote consistent standards for examinations;
Use resources of the CFPB and the state regulators efficiently, through coordinating supervisory activities;
Promote efficient information sharing between the CFPB and the state regulators;
Enforce federal consumer financial laws and state consumer protection laws effectively; and
Minimize the regulatory burden on providers of consumer financial products and services operating in multiple states.

A written report shall be furnished to the Executive Committee by January 31 detailing what the committee has done this fiscal year and what activities will take place the remainder of the fiscal year and an additional update report shall be furnished to the Executive Director 30 days prior to the start of the Annual Meeting.