Membership

This merger will take the industry into the future. It consolidated and strengthened the efforts of the Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU), to provide a unified voice for credit unions. 

The new association will bring together the best of both organizations to offer exceptional services to credit unions so they can best serve American families and small businesses. Make no mistake, this new organization will not lose sight of the importance of strong advocacy – job number one – as well as responsiveness to members, compliance assistance, events, and education.

By combining the best of both organizations into a single, powerful entity, we will be able to serve our credit union members more efficiently and effectively, without redundancies. America’s Credit Unions will have a stronger voice and greater impact on federal and state advocacy and maximize value by aligning products, services, and events. Working together, we will identify new opportunities for innovation and lead our industry into the future.  

The five pillars for the success of America’s Credit Unions are focused on: 

1. Federal advocacy with support and collaboration at the state level
   2. A clear, unified voice that’s representative of the entire industry
   3. Strong compliance assistance
   4. Education and cooperative networking
   5. Member engagement with an increased focus on responsiveness

America’s Credit Unions was legally formed January 1, 2024, and we intend to be fully operational by early 2025. This means that we will be working through the merger process and making operational decisions – from events to products to personnel – throughout 2024 to ensure a solid foundation for the new organization in 2025.

There is a Transition Board, which was voted on by members as part of the merger vote. After its three-year transition term, board members will be elected annually by the members.

Transition Board:  

1. The Transition Board consists of 15 voting members and 1 nonvoting member, the CEO of America’s Credit Unions. 
   2. The voting members include 9 from CUNA’s current board (including 2 from Leagues), and 6 from NAFCU’s current board. 
   3. The Transition Board executive committee officers are a Chair, Vice Chair, Treasurer, Secretary, and the America’s Credit Unions CEO. 
   4. The officers include two members from CUNA and two members from NAFCU. 
   5. Only directors from natural person credit unions and the CEO are allowed to hold officer positions. 

Continuing Board: 

1. The Continuing Board will consist of 15 voting members and 2 nonvoting members, the CEO of America’s Credit Unions, and the past Chair. 
   2. There will be four classes of members, Geographic (9 directors), At-large (4 directors), League (2 directors) and Nonvoting (2 directors). 
   3. Each Geographic class will be represented on the Continuing Board; there will be 3 small, 3 medium, and 3 large credit unions seats. 
   4. At-large members of the Continuing Board will be elected from all credit unions. 
   5. Nonvoting Continuing Board seats will be held by the America’s Credit Unions CEO and past Chair. 
   6. Continuing Board executive committee officers will be Chair, Vice Chair, Treasurer, Secretary, and America’s Credit Unions CEO. 
   7. Only directors from natural person credit unions and the CEO will be allowed to hold officer positions. 

Board of Directors

Designations will be honored in 2024 as will any existing product or service contracts. Many of the events and conferences you recognize are already in development and will continue to be offered. Details will be communicated online and directly to each respective audience. 

2024 will be a foundational year for America’s Credit Unions and will be an opportunity to strategize how to best meet your needs going forward. We will also use 2024 to enhance and streamline our advocacy, compliance assistance, research, communications, and more. Your ongoing support will allow us to build the best trade association for credit unions without sacrificing service.

As of January 1, 2024, any dues-paying credit unions will be members of America’s Credit Unions. While some products and services may still be offered under the CUNA or NAFCU brand, member credit unions will have access to all products and services at the member rate. The membership teams are working diligently to combine member lists, and we will strive to make accessing member resources as easy as possible.