Credit Union National Association member credit unions have approved the first significant change to CUNA’s bylaws since the national trade association was founded in 1934.
CUNA’s membership is being asked to vote to modernize the national trade association’s bylaws supported by the CUNA Board. The modernized bylaws are the culmination of the industry’s work to create the most effective advocacy model for the future. The voting period extends through mid-March.
The new bylaws, created by work group of credit union leaders, includes updates to cover evolving governance practices.
A workgroup to update Washington’s model bylaws for state charters is seeking input from Washington’s credit unions to create a flexible, future-focused document.
A work group of NWCUA and Washington credit union staff has collaborated with the DFI in reviewing the model bylaws for state chartered credit unions. Their work continues, but has already resulted in a revisions bulletin from the state regulator.
The Washington DCU has issued a bulletin detailing the rulemaking process for updates to the state Credit Union Act. Our compliance report tackles some of the changes taking effect July 28.