NACARA recently established several committees to focus on specific tasks relative to the Association’s efforts to improve regulatory efficiency and provide its membership more benefits.  These committees include:

The Regulatory Supervision Committee – A committee tasked with coordinating and monitoring joint examinations conducted by NACARA members;  developing examination tools or programs for use by NACARA members;  seeking methods to standardize examination practices among member agencies; and, advising member agencies on trends in collection agency practices and legislation or regulation applicable to collection agencies.  The committee will be meeting in March to focus  on 1) methods to standardize examination practices among member agencies, and 2) developing examination tools or programs for use by NACARA members.

The Conference and Education Committee – A committee tasked with creating agendas for conferences; developing training or education programs for the association; working with other regulatory associations to schedule training courses relative to the work of NACARA at events hosted outside of NACARA’s regularly scheduled conferences; and, advising the Executive Committee on the timing and location of annual conferences.  The committee will be meeting in March to focus on 1) developing new training and education programs, and 2)  proposing an agenda for the upcoming annual conference.

The Membership and By-Law Committee – A committee tasked with outreach efforts to increase membership in NACARA; communicating general information about the work of NACARA to members and non-members; advising the Executive Committee on necessary changes to the association’s by-laws; and, collecting feedback and information from NACARA membership for the purpose of advising the Executive Committee and other standing committees on elements of the association’s functions that may be improved.  The committee will be meeting in March to focus on 1) new outreach efforts to non-member agencies and, 2) methods for communicating general information about the work of NACARA to members and non-members.

Already this year, several individuals who served on an ad hoc committee, formed to draft a comment letter to the Consumer Financial Protection Bureau on behalf of NACARA, demonstrated the commitment of our members to provide substantial support to the Association.  We believe that our member’s efforts on these standing committees will also add significantly to the work and outreach of NACARA.