MADISON, Wis. (7/16/14)--In its 2013 annual report, the Credit Union National Association traced its steps of success and the steps the credit union movement is taking toward 100 million memberships.
"Last year turned out to be an outstanding one for the credit union movement, as we laid the groundwork to protect our tax exemption, delineated a vision for the future, and worked to reduce the regulatory burden," said Bill Hampel, CUNA interim president/CEO. "This report neatly outlines the efforts that the three-tier system of CUNA, leagues and credit unions took together to realize these results, and build for the future."
Advocacy programs continue to be CUNA's strength with the "Don't Tax My Credit Union" campaign to protect the credit union tax status, and the more than 4,000 credit union professionals who attended the annual Governmental Affairs Conference.
In 2013, CUNA wrote 50 letters to members of the U.S. Congress, testified seven times before six different committees and subcommittees and filed 60 comment letters to a variety of regulators.
CUNA also provided support to states challenged by banking associations and pro-taxation legislative language.
New communications vehicles such as The President's Report and In the News were added to enhance CUNA's reputation for quality information regarding credit unions, their members and the financial industry at large. National media outlets such as FOX Business, The Washington Post, USA Today, Politico and The Hill regularly cite CUNA experts and research.
In the training and development arena, 382,000 courses and exams were completed through CUNA's online training portal, and more than 9,900 professionals attended on-site CUNA events.