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On Wednesday, emails were sent out to credit union CEOs who are members of CUNA and NAFCU to invite them to a series of forums to discuss the proposed merger that would create America's Credit Unions.
According to CUNA, there will be three virtual forums offered, depending on the type of membership: NAFCU-only members, CUNA-only members and those who are members of both organizations.
A CUNA spokesperson provided the following schedule for the forums:
- Sept. 27, 2:00 PM ET – CEO Forum: NAFCU-Only Members
- Oct. 4, 2:00 PM ET – CEO Forum: CUNA-Only Members
- Oct. 11, 2:00 PM ET – CEO Forum: Dual Members of NAFCU and CUNA
Each session will include an update on the proposed merger, as well as a question-and-answer session featuring questions submitted by CEOs.
In the email to credit union leaders, Nussle said CUNA and NAFCU members' "feedback and ideas are critical in helping America's Credit Unions best serve your credit union and your members."
Voting by CUNA and NAFCU members on the merger proposal opened on Aug. 28 and will close at 5 p.m. EST on Nov. 1.
NAFCU President/CEO Dan Berger and CUNA's Nussle announced the merger plans on Aug. 1. If approved, Nussle will lead the new organization, America's Credit Unions. Berger plans to step aside to pursue other opportunities at the end of 2023.
If approved by members, it's expected the merger will be legally official by January 2024.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
