Summer Credit Union Town Hall Meetings Now Being Organized

Cities have been tentatively chosen for Washington credit unions to discuss and provide feedback about the proposed merger of the Washington Credit Union League and the Credit Union Association of Oregon.  They include Longview, Yakima, Spokane, Bellingham, Seattle, Tacoma and Olympia. The exact locations and times have not been determined, but the dates of the events occur between Monday, Aug. 23, and Friday, Sept. 3.

The Oregon Association is also in the process of setting meeting dates and locations during those same two weeks. An official notice of the town hall meetings will be sent to credit unions by next week.

“These local meetings are vital to gathering the member feedback that will help guide a successful merger process,” says Washington Credit Union League President & CEO John Annaloro.

A pre-annual meeting town hall is also being for Tuesday, Sept. 14, in SeaTac as part of the Annual Convention for those who are unable to attend previous meetings. Joint board meetings to consider member feedback are planned for September followed by a simultaneous, multi-state membership vote in November.

The town hall meetings are a result of the announcement last month that the two trade associations’ boards of directors signed a letter of intent to merge operations on Jan. 1, 2011, pending independent votes of the two states’ memberships and their boards’ joint approval of the final business plan, which senior teams from both organizations together are currently developing.

Read more about the merger proposal here.




Posted in Compliance News.