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On-Site Coverage: Hyland Urges CU Movement Reinvention

NATIONAL HARBOR, Md. -- NCUA Board Member Gigi Hyland said today that the credit union movement needs to retool itself to regain its cooperative spirit and do more to serve the underserved.

By Claude R. Marx | Updated on July 22, 2009

NATIONAL HARBOR, Md. — NCUA Board Member Gigi Hyland said today that the credit union movement needs to retool itself to regain its cooperative spirit and do more to serve the underserved.

“It’s increasingly difficult to convincingly enunciate that the credit union movement is what we once thought it was,” she said during a speech at NAFCU’s 42nd Annual Conference and Exhibition.

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