CUNA President/CEO Jim Nussle joined NAFCU President/CEO Dan Berger at NAFCU's in-person all-staff meeting Monday to answer employees’ questions about the proposed merger to America’s Credit Unions.
CUNA and NAFCU announced last week the intent to merge and form into a single, powerful entity to serve credit unions more efficiently and effectively, without redundancies. Nussle will serve as president and CEO of America’s Credit Unions, should the merger take effect.
During Monday’s all-staff meeting, Nussle and Berger reiterated CUNA and NAFCU’s shared passion for making a difference for credit unions and their members – America’s Credit Unions will continue to be focused on providing relentless advocacy, compliance assistance, and impactful educational events.
Nussle and Berger were also joined on the panel by NAFCU Board of Directors Vice Chair Brian Schools (Chartway Federal Credit Union in Virginia Beach, Va.), which was moderated by NAFCU Executive Vice President and COO Anthony Demangone. Staff had the opportunity to ask questions about the merger, vision for the new association, and more.
The merger will be subject to approval from the members of CUNA and NAFCU during a 60-day voting period, which is planned to begin later this month. Should members approve of the merger, America’s Credit Unions will legally be established no earlier than January 2024, with the intent to be fully operational by early 2025.
Additional details of the intent to merge can be found online. The associations will keep credit unions and other stakeholders informed throughout the process through frequent communications.