NWCUA and MWCUA Member Credit Unions Vote in Favor of Creating ‘The Association of the Future’
April 19, 2022
Early this year, the Northwest and Mountain West Credit Union Associations announced an intent to explore the value that combining the two organizations would bring to member credit unions and the Movement at large.
After a thorough due diligence process, the NWCUA and MWCUA Boards of Directors voted unanimously to move to a member vote.
Last Tuesday, voting on the proposed merger ended with overwhelming support from both organizations’ member credit unions. When balloting closed, 80% of eligible credit unions had cast ballots with 92% voting in favor of combining NWCUA and MWCUA, paving the way to create the credit union Association of the Future. The new organization will help propel the Credit Union Movement forward and serve more than 300 credit unions in Arizona, Colorado, Idaho, Oregon, Washington, and Wyoming.
NWCUA and MWCUA are deeply grateful to their Boards of Directors for their strategic investment and leadership, and to the credit union leaders who brought forward valuable insight during recent Town Hall meetings discussing the potential merger. The results of the vote support the belief of both organizations’ Boards of Directors that creating a next-level Association will enhance the strength and influence of credit unions’ voices.
In the coming weeks, member credit unions will receive information on enhanced strategies to drive successful advocacy at the state and federal levels. This will include an invitation to join a Hike the Hill event this summer in Washington, D.C., to meet with regulators and legislators.
Another major focus will center on credit unions’ participation in completing economic and community impact surveys this spring. The data they share will play a key role in moving the advocacy needle in all state capitals during the 2023 legislative sessions.
Information about robust training and development programs — as well as opportunities to explore new, innovative business solutions — will be available soon. Additionally, the newly combined Association will keep member credit unions engaged and informed about its new name, roles and responsibilities, and more, over the next few weeks. Stay tuned!