Micheal Beall president/CEO of the National Cooperative Business Association (shown above), visited Madison in September for a forum on area cooperatives hosted by CUNA. At right is Jill Tomalin, CUNA's executive vice president/chief operating officer.
Beall said CUs could gain membership and market share by actively partnering with cooperative businesses in their communities.
"Other co-op leaders may have a passion for brewing or baking, but don't have a lot of financial background," Beall said. "How do they get a business loan? How do they comply with local and state regulations? Credit unions have a good basis and background for that."