Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In his October 10 Credit Union Times opinion essay, former CUNA Chairman Yuri Valdov contends that dropping his credit union’s membership in NAFCU, thereby enabling CUNA to be the sole national voice for credit unions, will somehow cure all of the industry’s ills. He couldn’t be more wrong. Credit unions need more trade association choices, not fewer.

As the CEO of $1.5 billion asset Virginia-based Northwest Federal Credit Union, Mr. Valdov certainly has the right to choose which, if any, of the credit union trade associations he supports. The fatal flaw in his thinking is that the best interests of credit unions will somehow be served by a “unity of voice.” He assumes that all credit unions want the same future that he envisions. They don’t.

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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.