The Virginia Credit Union League board of directors voted to give their credit union members membership choice in their state league or CUNA, according to a prepared statement released Friday.
“After careful consideration of the issues involved and the comments we heard from member credit unions, we believe that providing choice in membership is in the best interest of our credit unions,” Karen Orie, chair of the Virginia League and president/CEO of the $28.4 million Hampton Roads Educators Credit Union in Hampton, Va., said. “With this change, and with approval of the changes proposed by the CUNA board of directors, our credit unions will have the option to join the Virginia League, CUNA or both associations.”
The Virginia League became the sixth league to publicly to allow membership optionality for its 128 affiliated members.
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