"The missions of the two associations are aligned. MDDCCUA and NJCUL are focused on advocacy as their core purpose," PAHO/WHO FCU CEO Miguel Boluda, who is chairman of the Maryland league, said. He added that the merged organizations would add value for the members in the areas of advocacy, education and compliance.
McGraw-Hill FCU CEO Shawn Gilfedder, the NJCUL chairman, said he believes the merger will create a more effective association at a crucial point for credit unions. "Both associations have made tremendous strides in advocacy in recent years. Combining resources provides opportunities to leverage the strengths of each association and deliver even more value to the combined membership," he said.
The two groups listed an enhanced consumer awareness campaign, strong legislative and regulatory advocacy and educational events.
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