Award winners were honored for their achievements in marketing and business development during the CUNA Marketing & Business Development Council Conference, March 9-12, 2022. The winners and their accomplishments will be featured in an upcoming issue of Credit Union Magazine.
The American Association of Credit Union Leagues (AACUL) Executive Board has appointed Carolinas Credit Union League President Dan Schline to a vacant seat. All board members are serving annual terms through AACUL’s 2022 Annual Meeting Dec. 6-9.
An AACUL survey shows Leagues held thousands of meetings with legislators in 2021 with 12,419 credit union advocates joining leagues at 2,567 of those meetings. Leagues tracked 5,281 state bills, authored 313 comment letters, and impacted 597 pieces of legislation supporting credit unions’ best interests.
Legislation modernizing state credit union acts has passed in both the Idaho and Washington legislatures. The success in the 2022 legislative sessions is the result of collaboration between credit union advocates, legislators, state regulatory leaders, and the Northwest Credit Union Association.
CUNA released an issues brief showing an uptick in credit union diversity, equity, and inclusion (DEI) efforts. The DEI issues brief, based off results from the 2019 and 2021annual membership surveys, shows that credit unions have made tremendous progress on their DEI journey over a two-year period.
New Mexico Gov. Michelle Lujan Grisham signed a Credit Union Association of New Mexico-supported bill into law to cap the interest rate on installment loans March 1. HB 132 reduced the maximum annual interest rate on installment loans to 36% (down from the previous 175%).
The National Credit Union Foundation published a research brief detailing how credit unions can increase membership, expand lending and improve the financial well-being of members—by focusing on those most in need.