A task force meets in Dallas Thursday and Friday to set theschedule of events that will culminate in a spring vote of morethan 660 credit unions on the proposed new Cornerstone Credit Union League that would merge theArkansas Credit Union League, the Credit Union Association ofOklahoma and the Texas Credit Union League.
Although leaders and board members of the credit union leaguesfavor the consolidation, they said, it must be approved by amajority vote of the credit unions in each state. If credit unionsapprove the consolidation in April or May, Cornerstone will be thelargest league in the nation.
The credit unions in each state were notified at their annualleague meetings last year that the three leagues were discussing aconsolidation proposal. On Dec. 17, the boards of the three leaguesannounced their intention to pursue consolidation into a singleregional organization operating as Cornerstone Credit UnionLeague.
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