Community Credit Union Initiative
Community credit unions represent 25% of all credit unions in America, and hold 24%, or roughly $300 billion in total assets. The past decade saw a huge rise in community credit union charters. It’s important to note that many multiple SEG credit unions have similar operational challenges and opportunities as community credit unions. The CUNA Community Credit Union Committee was formed in 2006 to provide support for this growing group of credit unions.
CUNA’s Community Credit Union Committee Purpose
To support and service community credit unions and credit unions considering
a community charter through: representation of community credit unions’
unique legal, legislative, and regulatory needs; and education, resources, and
information.
According to a recent survey of community-chartered credit unions, the four issues considered to be most important to them are:
- Increasing membership
- Controlling operating costs
- Increasing loan volume
- Expanding the credit unions physical (brick & mortar) presence
To help address these challenges, the committee has released the following five white papers:
- Effective Credit Union Board Succession Planning
- Best Practices in Credit Union Efficiency
- Best Practices in Community and Market Development
- CU Business Services: Making it Real and Keeping it Safe
- The Credit Union Branch Manager: A New Leader for a New Era
CUNA Resources
CUNA provides a variety of products and services for Community Credit Unions. Check out these options to help you serve and grow your membership.
- Community Credit Union and Growth Conference-October 24-27, 2011
- Creating Member Loyalty™ System of Training
- Credit Union Environmental Scan (E-SCAN)
- Webinars
- Schools and Conferences
- Seminars in a Box for Staff
- Non-Member Surveys
- Credit Union Financial Counseling Certification Program (FiCEP)
- Seminars in a Box for Members
- CUNA onlineEDGE
- Statement Stuffers, Lobby Brochures, and Drive-Up Envelopes
- Hispanic Resource Center
- Operational Products, Services and Technologies
CUNA’s Community Credit Union Committee Members (2010-2011)
Chair: Pete Dzuris, Northland Area FCU, MI
Vice Chair: Carrie Birkhofer, Bay FCU, CA
Members:
Robert Cashman, Metro CU, MA
Susan Commanda, Hudson River Community CU, NY
Bob Corwin, Meritrust CU, KS
Angela McCathran, Peoples Trust FCU, TX
Joe McGee, Legacy Community FCU, AL
Stan Moeckli, Electro Savings CU, MO
Douglas Olson, Royal CU, WI
John Rhea, Robins FCU, GA
Brad Swartzentruber, Northwest Christian CU, ID
For more information on CUNA’s Community Credit Union Committee, contact Todd Spiczenski, VP Center for Professional Development – tspiczenski@cuna.com or 800-356-9655, ext. 4179.
