WASHINGTON (3/8/13)--For credit unions nationwide serving members of the military and their families, February marked the golden anniversary of the Defense Credit Union Council. DCUC is a niche membership association representing the interests of credit unions operating on military installations worldwide.
"Back in the 1960s, credit unions serving the military came to the realization that their needs and challenges were unique when compared to their counterparts outside of the military gate," explained Roland "Arty" Arteaga, DCUC president/CEO.
"Defense credit unions served a very mobile membership while others, a fixed-membership, defined by their special employment groups. Also, since defense credit unions were operating on Department of Defense military installations, they were subject to DOD policies governing those installations," Arteaga said.
To kick-off the year-long observance, council board members gathered at The Mayflower Hotel in Washington, D.C., while attending DCUC's Defense Issues 2013 Roundtable session. The Mayflower hosted the council's first national conference, where its organizational structure and by-laws were unveiled and ratified by attending military credit unions.
Formed in 1963 as a separate and distinct trade association, DCUC remains faithful to its core mission, serving as the primary liaison to the Pentagon for credit unions operating on military bases worldwide. Arteaga noted the importance of establishing a niche trade association dedicated exclusively to the needs of military-affiliated credit unions, and one sanctioned to act as their liaison to the Pentagon. "They needed that liaison," he said.
A pivotal accomplishment of DCUC was succeeding in getting the Department of Defense (DOD) to develop a regulation for credit unions, providing logistical support from DOD, for operating on military bases.
The golden anniversary observance will include special events during the months leading up to the association's annual conference in August at the Greenbrier in West Virginia.
Festivities will continue in April with DCUC's sponsorship of the Credit Union Cherry Blossom's 10-mile sister race for troops deployed overseas. The race is slated to be held in Kuwait on April 7, the same day it takes place in the nation's capital. Proceeds will help fund the Children's Miracle Network.
The year also will include supporting a number of charities and several subcouncil meetings.