Bent on pursuing cost savings and eliminating duplication, the leadership of eight state credit union leagues convened in a special session in Oklahoma City this week to explore new areas where economies of scale can be realized in the year ahead.
In a prepared statement, the group said the regional meeting held Monday in the newly-opened headquarters of the Credit Union Association of Oklahoma was focused on "a commitment to expand league collaboration"
Among the proposals discussed was compilation of a regional directory of association products and services to be shared among the Mid-Continent state leagues and CUs as well as "marketing" of new co-op educational events.
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Attending the all day session were CEOs and elected officers from Oklahoma, Texas, Missouri, Colorado, Wyoming, New Mexico, Kansas and Arkansas.
No formal mention was made of forming a CUSO to handle accounting and human relations functions, an idea floated by league leaders last month. Roshara Holub, president/CEO of the Missouri Credit Union Association and a spokeswoman for the group, stressed "there is no plan now" to establish a CUSO.
Acting as facilitator for the Oklahoma City meeting was Michael Kloiber, president/CEO of Tinker FCU of Oklahoma City and past chairman of the Oklahoma league. He has long been identified as an advocate of trade group collaboration with state leagues pursuing cost-cutting opportunities.
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