LATHAM, N.Y. — Reflecting the industry trend toward mergers and consolidation, the New York State Credit Union League announced last week a reduction of its board size and a new governance structure reflecting credit union asset size.
The move, said William J. Mellin, president/CEO, "further ensures our board is reflective of the diversity of our membership."
The league said its directors have adopted amendments to bylaws in the areas of board size, composition and elections.
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