The boards from the California and Nevada Credit Union Leagues voted Jan. 8 to give member credit unions the choice to join their league, CUNA or both trade organizations in 2017.
The decision came on the same day CUNA emailed its proposed bylaw changes, which removed language that required member credit unions to also maintain league membership.
CUNA credit union members and affiliated state leagues will be voting on this proposed bylaw change and others through March 18.
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"There were robust discussions and diverse opinions at the (Monday) meeting, and in the end, the boards ultimately tackled this difficult question and came together to offer optionality to our credit unions, while reaffirming the strength of our interdependent system," Diana Dykstra, president/CEO of the California and Nevada leagues, wrote in an email letter to members Tuesday.
Other proposed bylaw changes would allow CUNA's board of directors to develop a dues formula that would favor neither small or large credit unions and permit the board to adjust its membership from its current maximum of 24 to a minimum of 12.
If the proposed bylaw changes are approved by CUNA members, they would become effective next year.
Last month, the Virginia Credit Union League board announced its decision to provide its credit unions with membership choice in 2017 as well.
Last year, the boards for the Michigan Credit Union League, the League of Southeastern Credit Unions, the Ohio Credit Union League and the Carolinas Credit Union League voted
to allow member credit unions to join their state leagues without requiring them to join CUNA beginning in 2016.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
