Pennsylvania League Board Approves Bylaws Changes

HARRISBURG, Pa. – The board of directors of the Pennsylvania Credit Union League unanimously approved changes to the league’s bylaws that streamline the league’s governance model and allow the board to operate more efficiently. The board’s action still has to be ratified by member credit unions, and they will vote on it during the league’s annual meeting in April. In addition, the PAC Trustees, the governing body of the PCUL’s political action committee, adopted new bylaws that would expand the number of trustees from five to nine. The new governance structure will allow the PAC to increase its fundraising capabilities and credit union visibility. Lastly, the board also discussed the importance of taking an active role in the area of financial literacy, and it was proposed that the board work with the Pennsylvania Credit Union Foundation to help CUs implement solutions in this area.