The boards of the Kansas Credit Union Association and Missouri Credit Union Association said Monday they have signeda letter of intent to develop the framework for a proposedconsolidation of the organizations.

Don Cohenour, president/CEO of the Missouri association, said heand Marla Marsh, president/CEO of the Kansas association, have beentalking about a possible consolidation for about a year.

About three months ago, the associations formed a jointcollaboration task force to explore the possibility ofconsolidation. After meeting twice, the task force gave the greenlight to develop a business plan that will detail how the newassociation would operate and how it would be governed.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.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.