5 Niche Trade Associations: Room for Everyone
When credit union trade associations are brought up in a conversation, national organizations like CUNA and NAFCU are usually the first to come to mind. But, there are plenty of smaller niche groups serving the industry.
These include groups that cater to credit union operational topics such as marketing, CUSOs and technology, as well as organizations that specialize in fields of membership, such as teachers, police officers and scientists.
Montana Credit Unions for Community Development is the charitable arm of the Montana Credit Union Network, helping to implement programs that improve the social and economic well-being of Montanans. Located in Helena, Mont., it delivers programs reaching consumers and credit union members across the state.
The National Coalition of Firefighters Credit Unions offers its services to all credit unions primarily serving firefighters and their families. Formally founded in 2008 by 25 credit unions after meeting since 1999, paid membership is voluntary; funds received go toward providing conference scholarships and access to benefits.
What makes the National Association of Credit Union Chairmen unique is that it is an all-volunteer group dedicated to the education and networking of volunteers. Those who attend the annual Roundtable Forum prepare detailed white papers and provide in-depth Call Report data. While the topics change every year, the format has not changed in more than 30 years.
The main objective of NACUSAC is to provide education for supervisory committees that is very specific to the all-volunteer committees’ needs. The group also includes internal auditors and other credit union staff, as well as board members, at its annual conference. Staff and board members are also permitted to participate in webinars hosted by the group.