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While the CUNA board was deliberating the dual membership requirement, so was the board of the Michigan Credit Union League at its Sept. 16 meeting. Michigan became the first league to allow its credit unions to join the league without joining CUNA.  

“The MCUL board passed a resolution that will enable Michigan credit unions to affiliate with the MCUL, regardless of whether the credit union is affiliated with the Credit Union National Association,” according to a Michigan league email obtained by CU Times that was sent to credit union members Monday. “This action will take effect with the 2016 affiliation cycle.”

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On Friday, the CUNA board of directors voted to maintain the current dual membership requirement despite a final recommendation by the CUNA System Structure and Governance Task Force to offer credit unions membership choice in CUNA and/or a league.

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Peter Strozniak

 

Credit Union Times

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