X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

<p>PALM SPRINGS, Calif.-At NAFCU’s 21st Annual Volunteers Conference recently in Palm Springs, Calif., NCUA Board Member JoAnn Johnson commended credit union board members for their contribution to the credit union movement. “I applaud credit union board members,” Johnson said. “You volunteers face demands that require constant effort and untold hours of selfless dedication for an unpaid job that I’m sure you find challenging and, I hope, also fulfilling. I truly believe that the credit union movement is made richer by its volunteer boards’ active participation. Where else do people cooperate in a self-governed process for their own financial well being? As a volunteer credit union board member, you make decisions based on the best interests of your members, unlike other financial institutions, where directors often make decisions based on stockholder returns.” Based on her experience as an Iowa state senator, Johnson encouraged the conferees to find out which legislative candidates support credit unions and volunteer in those campaigns. She added that her regulatory philosophy is one that ensures credit unions’ ability to compete in a volatile marketplace.</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.