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PHOENIX –While speaking before an audience of credit union industry executives, CUNA President/CEO Jim Nussle said, as supported by eye witnesses and a transcript provided by CUNA, he’s observed that his credit union trade association is bloated and inefficient.

Nussle, who took the top position at CUNA one year ago, made his remarks during the Sept. 24 general session at the CUNA Community Credit Union and The Federation 2015 Annual Conferences, which took place at the Sheraton Downtown from Sept. 22-25. CUNA media representatives later clarified Nussle misspoke and was referring to criticism he’s heard from others as he spent the last year asking questions about how to improve the organization.

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