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MCUA annual advocacybusiness meeting marks 80 years
JEFFERSON CITY, Mo. (4/7/09)--Keith Morton, National Credit Union Administration (NCUA) regional director and a member of the U.S. Central conservatorship board, fielded credit unions’ questions
NCUA Regional Director Keith Morton answers questions March 31 during the Missouri Credit Union Association's Annual Advocacy and Business Meeting.
Missouri State Sen. Wes Shoemyer (D-18) looks at his playing cards while meeting with Heather DeMint and Donna Evans of United CU.
Recognized during the Missouri Credit Union Association business meeting were, from left: new Board Chair Stan Moeckli, Electro Savings CU ; outgoing Board Chair Betty Clark, United CU; and departing board member Hubert Hoosman Jr., Vantage CU. (Photos provided by the Missouri Credit Union Association)
about NCUA corporate credit union actions at the Missouri Credit Union Association’s (MCUA) Annual Advocacy and 80th Annual Business Meeting, held March 30-31. Morton said supporting the corporate system is “a reality of the situation” facing credit unions. He added that while natural person credit unions are “taking a hit,” they are in good position to weather the storm. “The issue before us is so large and so complex, to think that credit unions wouldn’t be impacted by what’s happening in the global economy is not really possible,” Morton said. MCUA President/CEO Rosie Holub also emphasized economic challenges during the business meeting. “We are in for a long recovery, with unprecedented government intervention as legislators and regulators try to stabilize the economy,” Holub said. MCUA is helping ease the economic strain on credit unions in 2010 by maintaining the reduced dues formula it introduced in 2009. In February, the MCUA board voted to assist member credit unions by distributing $500,000 based on a percentage of dues paid. “Credit unions are capable of handling things on our own without asking for a government bailout,” said outgoing MCUA Board Chair Betty Clark of United CU, Mexico, Mo. Newly elected board officers include:
* Board Chair Stan Moeckli of Electro Savings CU, St. Louis; * First Vice Chair Dennis Pierce, CommunityAmerica CU, Kansas City, Mo.; and * Second Vice Chair Brian Eyestone, Southpointe CU, St. Louis.
Bob Eike, Century CU, St. Louis, was elected to the board, while Hubert Hoosman of Vantage CU, Bridgeton, stepped down after 11 years of service. Moeckli; Tony DiGiovanni of CSD CU, Kansas City; and Carolyn Ross of Northland Teachers Community CU, Gladstone, were re-elected to three-year board terms. The event emphasized legislative action, with almost 50 state legislators and staff members attending a dinner reception. Credit union representatives visited the Missouri State Capitol to present lawmakers with decks of playing cards personalized with the lawmakers’ pictures and a message about the credit union difference.

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