New Hampshire Banking Department · NH
New Hampshire Banking Department staff members attend NASCUS State System Summit
August 17, 2026
Summary
This is an informational news item, not a regulatory action. New Hampshire Banking Department staff attended the NASCUS State System Summit (Aug 11–13) covering digital assets, AI, fintech partnerships, cybersecurity, and deposit runoff concerns. No rules, guidance, or supervisory expectations were issued; the item has no compliance obligations for mortgage lenders, brokers, or servicers.
AI-generated summary · Aug 29, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
The National Association of State Credit Union Supervisors (NASCUS) held its State System Summit in Philadelphia from August 11-13.
The conference was attended by New Hampshire Banking Department Director of Chartered Institutions Division Jameson Randall, Chartered Institutions Division Deputy Director Matthew Duddy as well as two of the Department’s Financial Examiners.
The Summit focused on how the credit union system can navigate rapid transformation in financial services and brought together regulators, credit union leaders, and industry experts to discuss forward-looking topics such as digital assets, fintech growth, evolving credit union authorities, and regulatory approaches that balance innovation with safety. Overall, the Summit is designed to spark meaningful dialogue, strengthen connections, and shape the future of the state credit union system.
“The NASCUS State Summit provided an excellent opportunity to connect with colleagues from other state regulatory agencies and key leaders in the credit union industry. Our discussions on emerging topics, including the expanding use of artificial intelligence tools, partnerships with FinTech providers, evolving technology and security risks, and stablecoin initiatives, along with concerns about potential deposit runoffs, strengthen our ability to protect New Hampshire consumers and effectively supervise our chartered institutions,” Randall said. “Collaborating with fellow state agencies to review significant federal examination and supervisory developments enables us to continually refine and adapt our best practices in a rapidly changing financial and regulatory environment.”
Subjects and trends discussed included the evolution of the American financial system, emerging technologies such as Artificial Intelligence, fraud and cybersecurity integration, macroeconomic pressures, and the growing impact of digital assets such as stablecoins. Overall, the event aims to help regulators and credit unions balance innovation with safety while preparing for the future of the credit union ecosystem.
Banking Department members in attendance noted that the Summit offered excellent learning opportunities and information that will help them in their day-to-day work, helping to ensure that Granite Staters are protected. Notable takeaways include increased awareness of current events and emerging issues within the credit union landscape and helping to deepen understanding of the challenges credit unions face as they work to remain competitive while also maintaining safety and soundness.
Related item: New Hampshire Banking Commissioner Galdieri named to NASCUS Director's Board
Common questions
- What does "New Hampshire Banking Department staff members attend NASCUS State System Summit" cover?
- This is an informational news item, not a regulatory action. New Hampshire Banking Department staff attended the NASCUS State System Summit (Aug 11–13)…
- Which agency issued this update?
- This update was issued by New Hampshire Banking Department.
- When was it published?
- It was published on August 17, 2026.