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CUNA Mutual May Cut Industry Support

Dave Adams, president/CEO of the Michigan Credit Union League & Affiliates, said any speculation that CUNA Mutual Group is planning to cut revenues to the state leagues and their league services corporations, is completely false.

By Peter Strozniak, Nicholas Ballasy | Updated on January 12, 2015

A CUNA Mutual infographic released in 2014 puts the value of the firm’s annual support of the credit union industry at $39 million.

Dave Adams, president/CEO of the Michigan Credit Union League & Affiliates, said any speculation that CUNA Mutual Group is planning to cut revenues to the state leagues and their league services corporations, is “completely false.”

“I can tell you that it is absolutely false that [CUNA Mutual President/CEO] Bob Trunzo has said anything publicly that I am aware of about dramatic cuts in these marketing agreements,” Adams said. “It’s a process that is discussed every year and I am confident we will continue to have very strong good partnership with CUNA Mutual Group.”

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