FOR IMMEDIATE RELEASE

CONTACT: Lauren Williams – CUNA Communications; (202) 626-7642; lwilliams@cuna.coop          

Washington, DC (February 26, 2018) – Jim Nussle, CUNA president/CEO, released the following statement after NCUA Chairman McWatters spoke at the 2018 Credit Union National Association Governmental Affairs Conference (CUNA GAC) on Monday, January 26:

“We thank NCUA Chairman McWatters for his commonsense leadership for credit unions and their members. Credit unions are further empowered to support their mission and the communities they serve thanks to the NCUA closing the corporate stabilization fund and merging it with the share insurance fund. Credit unions will receive a distribution this year as a result of the CUNA-supported action.”

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About CUNA 
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.