CUNA President Bill Cheney took time last week to answer questions in advance of this week's Governmental Affairs Conference in Washington. Below are edited excerpts of the Q&A session.

Credit Union Times: The credit union industry has had a rough time the last few years, but it hasn't all been bad. What do you think have been some of the highlights?

Bill Cheney: In my view, credit unions are on the rise. We recently added more members in one year than we have added in any of the previous five years. Further, despite the worst recession in the last 80 years, credit unions came through strong financially. 

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