Member Benefits
Policy & Issues
3 CUNA members named to Fed’s community FI council
The Federal Reserve board of governors this week named three CUNA members to its Community Depository Institutions Advisory Council.
The council advises the board on the economy, lending conditions, and other issues of interest to community depository institutions
The members are:
- Terry R. West, president/CEO of VyStar CU, Jacksonville, Fla.;
- Lora Benrud, CEO of WESTconsin CU, Menomonie, Wis.; and
- Tyrone Muse, president/CEO of Visions FCU, Endicott, N.Y.
The council meets twice a year with the Federal Reserve board in Washington, D.C.
The Dividend Difference
Patronage dividends—distributions a cooperative pays members based on a proportion of its profits—drive engagement in a way only cooperatives can.
Growth Through Inclusion
Serving underbanked populations can both boost the bottom line and set up credit unions for long-term success.
Giving Back Is the Only Way
Community service is a natural extension of credit union philosophy.