The voting period for the proposed merger of CUNA and NAFCU has officially opened. Voting will close at 5:00 PM Eastern on Wednesday, November 1, 2023.
“The formation of America’s Credit Unions will be an opportunity to better serve our collective membership, lead the industry into the future, and ensure the growth and prosperity of all credit unions. America’s Credit Unions will maximize value and efficiency for members, while remaining focused on providing relentless advocacy, unparalleled compliance assistance, and impactful educational events,” wrote NAFCU Board of Directors Chair Gary Grinnell and CUNA Board of Directors Chair Lisa Ginter in messages to member CEOs ahead of the vote.
"We are excited with the news of CUNA and NAFCU announcing merger intentions to create America’s Credit Unions. At MnCUN, we see this as a tremendous opportunity to combine the best of both trade associations to provide best-in-class resources for credit unions and speak with one voice in Washington D.C. We look forward to working collaboratively to be credit unions’ strongest partner and advocate," Humphrey said earlier this month.
Members were asked to whitelist firstname.lastname@example.org to ensure that they receive the electronic ballot. Prospective voters should check their inbox for this message and refer to the CUNA Merger site for questions related to voting.
Additional details on the Transition Board of Directors and dues structure can be found online. Credit unions are encouraged to continue providing feedback throughout the vote period. CUNA and NAFCU will keep members informed of developments.
The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information.