After eight and a half years of service, John Magill, CUNA executive vice president for government affairs and special assistant to the president, announced Aug. 25 he is leaving the association Sept. 5.
EVP John Magill leaves before CUNA names its new CEO.
CUNA paid its CEO more than double the salary that NAFCU did in 2013, according to forms filed with the IRS.
The former CEO earned a total package of $1,310,479 in 2013. Learn what other CUNA executives earned last year.
Credit unions execute successful promotions as others come up short.
The Independent Community Bankers of America has released a petition in an effort to obtain regulatory relief from what it calls burdensome quarterly call reporting requirements.
Blaine says he prefers CFPB to NCUA. Cheney opposes leaving just one credit union under CFPB supervision.
Burdensome call reports are also a problem for credit unions, says a credit union executive at an NCUA Listening Session.
Speaking at an Operation Choke Point forum, the congressman said growth pressures force credit unions to act like banks.
CUNA's PAC will report the record fundraising figure to the FEC in preparation for 2014 mid-term elections.