ST. LOUIS — Acknowledging the impact of the current economy on small credit unions, the Missouri Credit Union Association is considering a reduction in dues next year.
The proposal–approved by the trade group's board of directors at a Feb. 4 meeting and to be voted on by the membership at the annual meeting in April–would shrink the dues expense for some member CUs as much as 17%.
"We recognize the economic pressures and increasingly tight margins that credit unions face today," declared MCUA President/CEO Rosie Holub in a statement explaining the dues proposal.
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? Sign In
© 2024 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.
