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News Now

CU System
New Jersey league opens satellite office in Trenton
TRENTON, N.J. (6/30/08)--The New Jersey Credit Union League (NJCUL) has a new home in Trenton.
The New Jersey Credit Union League's new satellite office, housed in this three-story Victorian building in Trenton, will assist the league with advocacy efforts. (Photo provided by the New Jersey Credit Union League)
The league opened a satellite office at 172 West State St., just blocks from the State Capitol. "It's no secret that we are very focused on increasing awareness of credit unions among lawmakers and looking for ways to improve the operating climate for New Jersey credit unions," said league President/CEO Paul Gentile. "It is important to have a presence in Trenton to continue our push on these fronts." The league will maintain an office in the three-story Victorian building built in 1897. The building, which received the 2001 Preservation Award for historic buildings in Trenton, features conference space that will be used for several purposes, including meetings with lawmakers, key credit union leaders and others. "This is not just for show. We will increase our staff time there and begin to bring in new elements to further utilize the space," said Gentile. The NJCUL Board unanimously approved the new location at a recent board meeting. "We are thrilled to see the league getting more politically active. Credit unions need to understand that there are so many things pending in Trenton that will affect all of us. It¹s vital for us to have a presence," said NJCUL Chairman Steve Schlundt. NJCUL currently is working on modernizing the state's state-charter act. The league has met with state officials about the goals of modernization, which would include expanded field-of-membership powers, among others, said the league.


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