CUNA Renaissance Commission plans second public hearing Dec. 13 in Washington, DC

November 30, 2000

FOR IMMEDIATE RELEASE
Contact: Pat Keefe
(202) 682-4200

WASHINGTON -- The second public hearing of CUNA's Renaissance Commission will get underway Wednesday, Dec. 13, at 1: 30 p.m. in the Washington Hilton Hotel in Washington, D.C.

At least five separate panels will be featured, all of them focusing on specific types of credit unions and specific powers available or potentially available to credit unions.

Among those invited to provide input to the Commission:

• The National Federation of Community Development Credit Unions (NFCDCU);
• The Association of Corporate Credit Unions (ACCU);
• Representatives of "shared branching" networks;
• The Filene Research Institute;
• Representatives of Callahan & Associates, Inc.;
• The Small Business Survival Committee;
• Representatives of CUNA's Model Credit Union Act Working Group.

"This group of panels will be of particular interest to the credit union community, as their views will focus on various powers credit unions are exercising, or are interested in exercising, in order to better serve their members," said Commission Chairman Frank Pollack. "We expect a lively exchange between them and the commissioners."

The Renaissance Commission held its first public hearing Oct. 2 in Chicago. A third hearing is scheduled for February, also in Washington.

Over the past several weeks, the Commission has been conducting a series of "focus groups" both in person and via teleconference with credit union representatives from across the country.

The focus groups have included representatives from a variety of sizes of credit unions, state and federal charters, and credit union volunteers. Reports from the focus groups will be posted on the Renaissance Commission's Web site. Testimony from the first public hearing of the Commission is also posted on the Web site.

With its network of affiliated state credit union leagues, CUNA represents America’s 10,500 credit unions – which in turn are owned by more than 78 million consumers. America's credit unions are not-for-profit cooperatives where people are worth more than money. For more information, visit cuna.org.

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