The rule violates credit unions’ right to effectively communicate with members, NAFCU says.
Credit union CEOs Jan Roche, Ed Templeton and Daniel Weickenand have won at-large seats on the NAFCU Board of Directors.
Reyes was 30-year financial services veteran. His son, Jace Reyes, is CEO of Miami Postal Service Credit Union.
A director of the $1.7 billion Chartway Federal Credit Union, Lou Gull, is trying what the CU says is a tech-savvy and modern-day way to get votes for a seat on the NAFCU Board: use the full gamut of social media.
The CUNA CEO's compensation package drooped last year while NAFCU's rose, IRS forms stated.
As everyone knows by now, CUNA selected Bill Cheney as its next president/CEO. While I touted a month ago the strength of choosing an industry insider (Editor's Column, April 7), I really wasn't sure CUNA would follow that line of thinking.
Though emphasizing that the decision must ultimately made by people in the credit union movement, CUNA President/CEO-designate Bill Cheney said today he believes there should be one voice for credit unions.
While CUNA debated who would take over the corner office, I sincerely felt it should be someone from within the industry.