Transition Board for ‘America’s Credit Unions’ Announced

The Credit Union National Association (CUNA) and National Association of Federal Credit Unions (NAFCU) released details this week of the proposed transition board for America’s Credit Unions, including members of the executive committee.

Brian Schools, current vice chair of the NAFCU Board of Directors and CEO of Chartway FCU (Virginia Beach, VA), has been appointed to lead the charge as the newly merged association’s first board chair. Other appointments to this transition board were announced as well.

Details:

• In addition to the proposed officer seats and transition board, there is also the continuing CUNA board, which would take effect after the transition board members’ three-year terms conclude.
• This means the remainder of the 16-member transition board is made up of members of each association’s executive committees, as well as CUNA President and CEO Jim Nussle (who would also serve in the same capacity for America’s Credit Unions).
• The proposed transition board members will be voted on by members of America’s Credit Unions. CUNA and NAFCU last week announced their intent to merge. A vote by members of both associations to approve the merger is set to begin later this month.
• Additional details can be found here.

More news, information, and chatter from this past week surrounding the proposed merger can be found here:

• An Exciting Week of Conversations (The Nussle Report).
• Transition Board for ‘America’s Credit Unions’ Announced (CUNA News).
• CUNA and NAFCU Announce Members of Merger Transition Board (CU Collaborate).
• CUNA’s Nussle & NAFCU’s Berger Answer Questions About the Merger(Credit Union Times).
• Willard: Proposed Merger Brings Stronger Voice, Greater Impact (CUNA News).
• New CUPP Episode Highlights Proposed CUNA-NAFCU Merger (CUNA News).