LYNCHBURG, Va. – The Virginia Credit Union League and District of Columbia Credit Union League, which have had a management agreement for more than six years, are the newest credit union leagues to talk of merging. VCUL Board Chairman Bill Cook has appointed a committee to examine governance issues as a basis for submitting the merger proposal. VCUL President/CEO Rick Pillow said the D.C. League initiated the merger talks. He said the D.C. League Board approached VCUL about submitting a merger proposal, and the Virginia League Board had to present a proposal to D.C. in early March. A merger proposal would require approval of each League's respective membership. The VCUL has 212 member CUs, and 72 CUs are affiliated with the D.C. League.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
