Dave Osborn, CEO of the $1.4 billion Anheuser-Bush Employees Credit Union in St. Louis, told CU Times the credit union system does not need to have an association in every state.
"Building 20,000 credit unions across the nation would not have been possible from Madison. Time has changed the landscape and everyone is aware of the consolidations in our industry. However, we still need credit unions to be unified and we need some organization to stand up for our interests in Congress and the state legislatures," Osborn said.
"I do see the need for coordination of this state activity with the national advocacy activity. But, we don't need an association in every state. We need advocacy in every state and that can be done with regional associations, which would require more consolidation on the state tier. That should also lower the cost of providing the advocacy," he added.
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