The $1.6 billion Apple Federal Credit Union may be hinting at conversion prospects but that has not stopped theVirginia Credit Union League from urging the suburban D.C. CU toreconsider its departure from the league and CUNA.

In a weekend statement, the president/CEO of the league, RickPillow, expressed disappointment at the decision of the Fairfax,Va. CU to quit the trade groups.

“Obviously, any disaffiliation is a loss to the League, but thisparticular disaffiliation is especially painful,” said Pillow. “Icount Larry Kelly as a good friend and I appreciate the tremendoussupport he and Apple provided to the Virginia League for so manyyears.”

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.